BusinessWorld E-paper
February 13, 2023
THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to raise benchmark interest rates at its meeting on Thursday, with some analysts forecasting a 50-basis-point (bp) increase after inflation accelerated to a fresh 14-year high in January.
A BusinessWorld poll last week showed 17 out of 18 analysts see the Monetary Board hiking its benchmark interest rate at its first meeting of the year on Feb. 16.