Philippines: Think tank hints of 50 bps rate cut this year
MANILA, Philippines — The Philippines is among the countries in Asia Pacific with the most room for monetary easing this year due to decelerating inflation and weaker growth prospects, said UK-based think tank Oxford Economics. The firm said it expects the Bangko Sentral ng Pilipinas (BSP) to cut policy rate by as much as 50 basis points […]
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