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BSP delivers another quarter point rate cut as inflation cools

By Inquirer - 8 hours ago
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Wednesday cut the policy rate again by 25 basis points to 6 percent, as cooling inflation provided enough room for further easing. The decision was widely expected. An Inquirer’s poll of 10 economists correctly predicted today’s move by the Monetary Board, which will hold its

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