Section

Rate cut still on the table even with an above-target July inflation

By Inquirer - 5 months ago
There’s still a chance that inflation would breach the Bangko Sentral ng Pilipinas’ (BSP) 2-percent to 4-percent target range in July, although such a flare-up would unlikely shake expectations of a rate cut in August, according to Governor Eli Remolona Jr. The BSP chief said a July breach of the inflation target was already taken

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.