BusinessWorld E-paper
February 12, 2024
THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to keep its policy rate at a 16-year high for a third straight meeting on Thursday amid upside risks to inflation and as economic growth remains robust, analysts said.
The Monetary Board is also not expected to cut borrowing costs ahead of the US Federal Reserve as a narrower interest rate differential with the US could cause the peso to weaken further, they said.
