Category Archives: central bank

BSP seen keeping key rates steady

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