BSP seen making lower key rate hikes

By Tiziana Celine Piatos

Aug 24, 2022 12:35 am

AN economist sees the Bangko Sentral ng Pilipinas (BSP) making one or two 0.25-basis-point key rate increases for the rest of 2022.

Michael Ricafort, chief economist at Rizal Commercial Banking Corp. (RCBC), in a report dated Aug. 22, 2022, said the BSP would not hike the key rate by 0.50 or 0.75 in its next policy actions.

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