Bangko Sentral to keep rates 'higher for longer'

Mar 26, 2024 12:28 am

KEY interest rates will stay 'higher for longer,' Finance Secretary Ralph Recto said, with monetary authorities likely to pause anew during next month's policy meeting.

'I don't expect interest rates to go up or go down,' Recto told reporters last week, adding that 'I think that interest rates will be higher for longer.'

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