Despite typhoon damage, BSP says rate cut still ‘possible’ on Aug 15

Inflation might have already peaked in July despite possible upward price pressures that may spill over into the next months because of the recent supertyphoon, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said, while maintaining that a rate cut this month is still on the table. Speaking to reporters on Wednesday night, Remolona
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