Medalla: Pressure to cut 'not that high'

May 20, 2023 12:18 am

MONETARY authorities could keep interest rates unchanged during succeeding policy meetings, Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said on Friday.

In an interview with Bloomberg Television, Medalla said Philippine economic growth was strong, so the 'pressure on us to cut is not that high.'

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