Pakistan, Nov. 22 -- Soon the State Bank of Pakistan (SBP) will have to decide what to do about the interest rate. It could take comfort in the fact that headline inflation was recorded at 9pc in September and 8.9pc in October and hold the policy rate where it is at 7pc. That would be in keeping with the Bank's accommodative stance ever since the pandemic came, even if it seemed like the definition of a policy hawk before it. But it must still worry about food inflation, particularly the trauma it is causing in the periphery. It must have hoped that the government would succeed in bringing down prices of at least what and sugar after green-lighting urgent imports, but prices didn't really stabilise even after the shipments came. Only time...