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BusinessWorld E-paper

March 20, 2023

THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to slow the pace of its rate increases to a quarter of a point on Thursday amid concerns over elevated inflation and fallout from recent bank failures in the United States.

A BusinessWorld poll last week showed 12 out of 14 analysts expect the Monetary Board to hike rates by 25 basis points (bps) on March 23.

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