BusinessWorld
BSP keeps door open to more interest rate hikes
By Katherine K. Chan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) raised interest rates for a second straight meeting on Thursday and signaled further measured hikes amid broadening spillover effects of oil shocks stemming from the Middle East war. The Monetary Board raised the target reverse repurchase rate by 25 basis points (bps) to 4.75%, […]
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Source: bworldonline.com
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