BSP seen to cut rate soon
A benign inflation environment —with prices last month having risen at their slowest pace in almost three years, thanks to a large degree to the Rice Tariffication Law—may prompt the central bank to implement another round of monetary easing as soon as this month. Speaking to reporters Friday morning, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said the 25-basis-point reduc...
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