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BSP tipped to slash policy rates by 100 bps this year

By Inquirer - 8 months ago
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to move in lockstep with the US Federal Reserve, even if the latter delays monetary easing, to avoid pressuring the peso and stoking inflation, Bank of America (BofA) said. If the Fed cuts interest rates this June as economists predict, BofA said the Philippines,

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