Remolona: BSP on track to start cutting in August

Aug 02, 2024 12:30 am

MONETARY authorities will still likely start cutting key interest in August, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Thursday, as inflation is expected to have peaked in July.

'I think August 15 (the next Monetary Board policy meeting) is still a possibility. Of course, it will depend on the numbers,' he told reporters.

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. Photo from BSP

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