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Fitch think tank sees 50-bp BSP rate cut in October

By Inquirer - 2 months ago
The Bangko Sentral ng Pilipinas (BSP) has room to “aggressively” ease monetary policy amid growing concerns about the economy’s health, BMI Research said, while penciling in a jumbo rate cut at the October meeting of the Monetary Board (MB). In a commentary sent to reporters on Wednesday, BMI projected a 100-basis point (bp) cumulative reduction

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