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Delayed US Federal Reserve rate cut may complicate BSP easing cycle

By Inquirer - 2 weeks ago
The Bangko Sentral ng Pilipinas (BSP) will have to slam the brakes on its easing and defend the peso once again if another delay in US Federal Reserve rate cuts happens, analysts said. Robert Dan Roces, chief economist at Security Bank, said a deferred easing by the Fed could weigh on the peso and create

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