THE BANGKO SENTRAL ng Pilipinas (BSP) could cut by another 50 basis points (bps) this year, which would bring the benchmark to below 5% by yearend, Nomura Global Markets Research said. “We continue to believe BSP has scope to steadily shift to an accommodative stance, as inflation expectations remain well-anchored and domestic demand is still […]
THE BANGKO SENTRAL ng Pilipinas (BSP) could cut by another 50 basis points (bps) this year, which would bring the benchmark to below 5% by yearend, Nomura Global Markets Research said. “We continue to believe BSP has scope to steadily shift to an accommodative stance, as inflation expectations remain well-anchored and domestic demand is still […]
Leave a comment