MONETARY authorities could push through with a rate cut this Thursday, analysts said, despite inflation having breached target last month and better-than-expected second-quarter economic growth.
Eleven of the 15 outlooks compiled by The Manila Times predicted a 25-basis point easing on August 15 while the rest favored cuts later in the year. Three did not rule out the possibility of an off-cycle move before the next policy meeting on October 17.
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
.