Read this in The Manila Times digital edition.
KEY interest rates are expected to be raised anew this Thursday after inflation blew past expectations last month. All that remains to be answered is the size of the adjustment, with most analysts favoring a larger 50-basis-point (bps) hike instead of the 25 bps earlier projected.
At 8.7 percent, January inflation was significantly higher than the 7.6-percent market consensus and the Bangko Sentral ng Pilipinas' (BSP) 7.5- to 8.3-percent forecast.
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