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Bangko Sentral ng Pilipinas says there’s room for two more rate cuts

MANILA — The Philippine central bank could cut its policy rate twice more this year, its governor said on Thursday, with benign inflation levels providing room to ease the country’s monetary settings. “There is room, because inflation is low,” Bangko Sentral ng Pilipinas Governor Eli Remolona told reporters on Thursday. BSP delivered a widely expected rate […] The post Bangko Sentral ng Pilipinas says there’s room for two more rate cuts appeared first on Interaksyon.


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