BusinessWorld E-paper
June 5, 2024
THE Bangko Sentral ng Pilipinas (BSP) can cut its policy rate before the US central bank despite a volatile peso, Governor Eli M. Remolona, Jr. said on Tuesday.
“It’s possible that the Fed can cut in July,” he told reporters in mixed English and Filipino. “There are analyses that say July… We may go first, but it depends on whether their inflation is stubborn. They may not cut.”
