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Think tank: Aggressive rate cuts coming, starting with PH in August

By Inquirer - 5 months ago
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) would likely start easing monetary policy settings in August as high borrowing costs begin to weigh on economic growth while inflation is expected to remain within target, Capital Economics said. The London-based think tank’s projection matched the rate outlook of Governor Eli Remolona Jr., who had

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