Rate cuts still likely in H2

Rate cuts still likely in H2 – analysts

Apr 10, 2024 12:41 am

INTEREST rate cuts could still start in the second half (H2), analysts said, despite the central bank chief having said that these may be delayed to the first quarter of 2025.

Monetary authorities on Monday kept the Bangko Sentral ng Pilipinas' (BSP) benchmark rate unchanged at a near 17-year high of 6.5 percent, citing continued inflation pressures.

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