BENGALURU : The Philippine central bank will leave its key interest rate unchanged at 6.25 per cent for a second straight meeting on Thursday and the remainder of the year as price pressures ease, a Reuters poll of economists found.Inflation has steadily decreased from a 14-year peak in January and slowed
BENGALURU : The Philippine central bank will leave its key interest rate unchanged at 6.25 per cent for a second straight meeting on Thursday and the remainder of the year as price pressures ease, a Reuters poll of economists found.
All 24 economists polled June 13-19 forecast the BSP will hold its benchmark overnight borrowing rate at 6.25 per cent at its policy meeting on June 22. BSP Deputy Governor Francisco Dakila Jr. said last Thursday it may not move in complete lock-step with the Fed if domestic inflation warrants a different response.
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