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BSP cool to drastic rate cuts

By Inquirer - 2 weeks ago
The Bangko Sentral ng Pilipinas (BSP) said it would continue its “measured” rate cutting cycle even as inflation quickened in October, still keeping the door shut on aggressive easing as the pace of price growth remains consistent with the outlook of monetary authorities. “The latest inflation outturn is consistent with the BSP’s assessment that inflation

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