BMI: Policy rate cuts likely only in Q4 2024

Aug 19, 2023 12:33 am

INFLATION risks and external sector pressures will likely prompt Philippine monetary authorities to keep a tight watch on interest rates and only begin cutting late next year, BMI Country Risk & Industry Research said.

The 'clear risk,' it said in a report, means 'policymakers will likely keep financial conditions very restrictive for a while longer.'

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