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‘Larger-than-expected’ BSP rate cuts on deck

By Inquirer - 4 months ago
The Bangko Sentral ng Pilipinas (BSP) is one of the central banks in Asia that could unleash larger-than-expected rate cuts, with the projected decline in prices expected to allow a bigger easing of monetary policy, Nomura said. In a report, the Japanese investment bank said there was a chance that the BSP would slash its

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