In a ‘prudent’ move, BSP keeps key rate at 6.5%

MANILA, Philippines  — The Bangko Sentral ng Pilipinas (BSP) has kept its ultratight monetary policy settings, a widely expected decision that monetary authorities deemed to be a “prudent” move amid persistent risks to its inflation outlook. At its first policy meeting this year on Wednesday, the Monetary Board (MB) left the target reverse repurchase rate untouched Read The Rest at :

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