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Unexpected US inflation flare-up seen pushing back BSP rate cuts

By Inquirer - 9 months ago
MANILA,  Philippines  —A resurgent inflation in the United States may push back any easing moves by the Bangko Sentral ng Pilipinas (BSP) to the fourth quarter of 2024, as it is widely expected to stay in lockstep with the US Federal Reserve. Assuming that the Fed would start cutting its benchmark rate in the third

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