Read this in The Manila Times digital edition.
KEY interest rates will likely be raised one more time next month, a Fitch Group unit said, with last week's Monetary Board decision to hold fire seen as merely a pause in the current tightening cycle.
"We expect that the BSP (Bangko Sentral ng Pilipinas) will hike once more at the next meeting, which is scheduled on June 22, as disinflation momentum is likely to slow in the near-term," BMI Country Risk & Industry Research said in a report released last Friday.
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