Recto: Bangko Sentral done with hiking rates

Feb 10, 2024 12:27 am

MONETARY authorities are unlikely to further tighten policy as key interest rates are high enough, Finance Secretary Ralph Recto said on Thursday.

'I don't expect a future rate hike because inflation is going down, and it seems that it's going down globally also,' Recto told reporters at the sidelines of the kick-off of this year's National Tax Campaign.

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