BSP seen cutting 175 bps this year

Mar 30, 2024 12:20 am

FALLING inflation and the need to sustain economic growth could prompt the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates beginning June, Capital Economics said.

'With the economy set to struggle and inflation likely to remain within target, we think the central bank will cut interest rates soon,' the research provider said in a report.

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