Policy Rate

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Friday, 5 July 2024

11 Apr 2024

1:53PM

Fitch’s BMI Research: BSP to Hold Rates Steady, Eyes Second Half for Possible Cuts

The Bangko Sentral ng Pilipinas (BSP) is poised to keep rates unchanged in its May 16 policy meeting, aiming to ensure inflation falls within the 2-4 percent target range before making any rate cuts, likely in the second half of the year.

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