The Bangko Sentral ng Pilipinas (BSP) is expected to leave interest rates unchanged this week, pausing after three consecutive cuts.
Officials are taking a cautious approach as they wait for clearer signals on the state of the economy. At the same time, they are carefully weighing the recent slide of the peso.
In a survey conducted last week by the Inquirer, ten out of sixteen economists projected that the Monetary Board (MB) will maintain the current interest rates.
https://business.inquirer.net/550892/bsp-seen-keeping-key-rates-steady-4