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BusinessWorld E-paper

March 07, 2023

PHILIPPINE BANK executives expect the Bangko Sentral ng Pilipinas (BSP) to deliver two more rate hikes this year to tame inflation and to mirror the US Federal Reserve’s adjustments.

Bank of the Philippine Islands (BPI) President and Chief Executive Officer (CEO) Jose Teodoro K. Limcaoco said he sees two more 25-basis-point (bp) rate
hikes by the BSP this year.

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