Read this in The Manila Times digital edition.
CEBU — Weak economic growth could push monetary authorities to continue cutting key interest rates next month, the Bangko Sentral ng Pilipinas (BSP) chief said on Wednesday, but a pause is also possible given inflation pressures.
"Our readings indicate that there still seems to be some pressure on inflation, and the economy is also somewhat weak," BSP Governor Eli Remolona Jr. told reporters at the sidelines of a forum on systemic risk.
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