Interest rates to stay steady in 'near term'

Mar 06, 2024 12:34 am

KEY interest rates will remain unchanged over the near term given the latest inflation conditions, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.

Inflation picked up to 3.4 percent last month from January's 2.8 percent, snapping a four-month decline but was significantly lower than the year-earlier 8.6 percent.

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