BSP seen taking cues from Fed

Mar 05, 2024 12:31 am

INFLATION will be less of a pressing concern in the Philippines, Bank of America (BofA) Global Research said in a report on Monday, adding that rate cuts are expected to start soon.

'The latest inflation print is supportive of our view that easing inflation may help shift the tone of the Bangko Sentral ng Pilipinas (BSP) from hawkish to neutral,' BofA Global Research said.

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