BSP may keep rates on hold until next year
Economists believe the inflation downtrend will give the Bangko Sentral ng Pilipinas more space for a longer pause that may see key policy rates on hold until next year.
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Economists believe the inflation downtrend will give the Bangko Sentral ng Pilipinas more space for a longer pause that may see key policy rates on hold until next year.
For the fourth consecutive month, inflation slowed down further in May mainly due to declines in the prices of commodities in the indexes of transport and ...
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The Monetary Board also noted that while GDP growth has remained robust in the first quarter of 2023, demand indicators have also pointed to a potential moderation in the recent months
It is still too early to talk about rate cuts even after the Bangko Sentral ng Pilipinas ended its year-long tightening cycle with a prudent pause last Thursday, monetary officials said.