MANILA, Philippines – A solid cushion of foreign reserves and an anticipated easing action by the US Federal Reserve (Fed) this month could give the Bangko Sentral ng Pilipinas (BSP) room to front-load further rate cuts. This move aims to support growth without putting too much pressure on the peso.
In a note to clients, BMI Research, a unit…
https://business.inquirer.net/552414/more-bsp-rate-cuts-likely-ahead-says-fitch-unit
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