BusinessWorld E-paper
March 21, 2023
THE BANGKO SENTRAL ng Pilipinas (BSP) may consider a smaller 25-basis-point (bp) rate hike or even pause monetary policy tightening at its meeting on Thursday amid heightened global uncertainties, Finance Secretary Benjamin E. Diokno said on Monday.
Mr. Diokno, a member of the Monetary Board (MB), said the recent global developments may prompt central banks all over the world to slow the pace of rate hikes.