Rates to stay steady – Moody's unit | The Manila Times
MOODY'S Analytics expects the Bangko Sentral ng Pilipinas (BSP) to keep the policy rate at 6.5 percent this Thursday with inflation expected to continue slowing in November and December.'We expect inflation to ease over the last two months of 2023 but stay above BSP's target range of 2 percent to 4 percent,' it said in a report on Monday.The central bank's policy-setting Monetary Board last month ordered an off-cycle 25-basis point rate hike ahead of its November 16 meeting, citing rising inflation risks.Consumer prices picked up anew in August and September but slowed to a three-month low of ...
Source: manilatimes.net
