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BusinessWorld E-paper

May 20, 2024

THE BANGKO Sentral ng Pilipinas (BSP) still has room to cut rates before the US Federal Reserve, analysts said, but warned of such a move’s impact on the peso.

Last week, BSP Governor Eli M. Remolona, Jr. signaled that the central bank could start rate cuts as early as August, even as he expects the US central bank to begin easing in September.

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