BSP may cut rates by up to 100 bps this year

by sylpho4u · January 8, 2024

BSP may cut rates by up to 100 bps this year- THE BANGKO SENTRAL ng Pilipinas (BSP) may cut borrowing costs by as much as 100 basis points (bps) this year as inflation is seen to stay mostly within the 2-4% target band, the Philippines’ Finance chief said on Monday. Finance Secretary and Monetary Board member Benjamin E. Diokno said the BSP could mirror the policy […]

Source: bworldonline.com