MONETARY authorities will likely start lowering key interest rates next month even if inflation resumes rising, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said.
Consumer price growth slowed for the first time in five months in June, to 3.7 percent from 3.9 percent in May, and kept the year-to-date average at 3.5 percent — within the central bank's 2.0- to 4.0-percent target.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.