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BusinessWorld E-paper

July 8, 2024

A POSSIBLE BREACH in the inflation target this month will not derail the Bangko Sentral ng Pilipinas’ (BSP) planned rate cut by August, its top official said.

BSP Governor Eli M. Remolona, Jr. said July inflation overshooting the 2-4% target is “expected” and unlikely to affect the likelihood of a rate cut in August.

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