BusinessWorld E-paper
March 7, 2024
THE PHILIPPINE central bank governor on Wednesday said it is too early to cut benchmark interest rates absent an assurance that prices are really on a downtrend.
Even as February inflation stayed within the 2-4% target, the risk-adjusted forecast of the Bangko Sentral ng Pilipinas (BSP) is still at 3.9%, BSP Governor Eli M. Remolona, Jr. said.
