BSP urged to avoid ‘off-cycle’ easing

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3 months ago

An off-cycle monetary easing could create bad optics for the Bangko Sentral ng Pilipinas (BSP), New York-based think tank GlobalSource Partners said, while urging the central bank to remain watchful of remaining upside risks to inflation and be “more patient” in keeping interest rates steady. Diwa Guinigundo and Wilhemina Manalac, economists at GlobalSource, said an

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