BSP still expected to hike interest rates

Mar 26, 2018 12:17 am

The Bangko Sentral ng Pilipinas (BSP) cannot continue holding off interest rate hikes and will likely announce adjustments beginning May this year.

Japan’s Nomura, Fitch unit BMI Research and banking giant HSBC said they continue to expect rate increases before the end of 2018 given rising inflation,

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