MONETARY policy easing in the Philippines is likely to continue this year following the 25-basis-point (bp) cut in the central bank’s key interest rates last week, analysts said in separate reports.
ANZ Research analysts Mustafa Arif and Sanjay Mathur expect the Bangko Sentral ng Pilipinas’ (BSP) policymaking Monetary Board to implement a further 50 basis points in cumulative cuts for the rest of 2019.
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