BSP likely done hiking key rates

Nov 20, 2023 12:44 am

KEY interest rates may have peaked and remain unchanged well into next year amid continued risks to the inflation outlook, analysts said.

Monetary authorities decided to resume pausing last week following an unscheduled 25-basis point (bps) hike that brought the Bangko Sentral ng Pilipinas' (BSP) policy rate to 6.5 percent, the highest since 2007.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

BIR, Customs targets 'more or less' achieved

SC decides vs bank in loan payment case

PH eyes stronger ties, investments in Davos

Economic grievances fuel support for violence

Peso starts week stronger; PSEi flat

DA: Restored budget will boost rice output

Exporters group urges compliance with EU rules