Remolona says fresh 25-bps hike possible

Oct 12, 2023 12:35 am

MONETARY authorities are not done with tightening and will consider a 25-basis-point (bps) rate hike next month, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Wednesday.

'We are considering hikes, but we're going where the data leads us,' the central bank chief told reporters.

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