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BusinessWorld E-paper

September 27, 2023

BANGKO SENTRAL ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. on Monday said he is open to an off-cycle interest rate increase before the Monetary Board’s policy meeting on Nov. 16.
Upside risks to inflation may prompt the BSP to hike rates by 25 basis points (bps) earlier than November, analysts told BusinessWorld.

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