MONETARY authorities will likely be "more patient" in keeping key interest rates steady, a former Bangko Sentral ng Pilipinas (BSP) official said, amid expectations of a 25-basis point cut today or a possible off-cycle easing.
"We hope the monetary policymakers do not listen to the sirens' song," former BSP deputy governor Diwa Guinigundo said in a GlobalSource Partners commentary issued on Tuesday.
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