BusinessWorld E-paper
July 25, 2023
AN INTEREST RATE cut by the Philippine central bank “is not yet in the picture,” according to Finance Secretary Benjamin E.
Diokno.
Mr. Diokno, a member of the Monetary Board, said the Bangko Sentral ng Pilipinas (BSP) “may maintain the current (policy) rate” at a near 16-year high of 6.25% even if inflation is on a downtrend.
