BSP hints at policy rate easing by August

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may start cutting interest rates as early as August for a total of 50 basis points (bps) at the most this year, Governor Eli Remolona Jr. said on Thursday, as the recent inflation uptick was not as bad as expected. Remolona struck a less hawkish tone
Read The Rest at :