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BSP to take time before cutting rates after ‘robust’ GDP–Citi

By Inquirer - 10 months ago
The “fairly robust” economic growth last year will likely convince the Bangko Sentral ng Pilipinas (BSP) to not rush into cutting rates and instead focus on sustaining the downtrend in price growth, Citibank said. “Since GDP (gross domestic product) growth is expected to remain fairly robust, the BSP would be in no hurry to cut

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