BusinessWorld
June rate hike might be last as ‘worst is over’ for Philippine inflation
THE BANGKO SENTRAL ng Pilipinas’ (BSP) tightening cycle may end up short lived as the surprise easing of inflation in May signals that the “worst is over” for price shocks, Pantheon Macroeconomics said. Pantheon Macroeconomics said the central bank might just deliver a second straight 25-basis-point (bp) hike next week before standing pat for the […]
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Source: bworldonline.com
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