BusinessWorld E-paper
April 9, 2024
THE BANGKO SENTRAL ng Pilipinas (BSP) on Monday left its key rate unchanged at 6.5% for a fourth straight meeting and signaled a possible delay in rate cuts due to inflation risks.
The Monetary Board maintained its target reverse repurchase rate at a near 17-year high, as expected by 16 economists in a BusinessWorld poll last week.