Pause in BSP rate hikes becoming more likely

MANILA¬† -The slowdown in Philippine headline inflation firmed up expectations that the hikes in the Bangko Sentral ng Pilipinas (BSP) policy rate will pause in May, but rising core inflation keeps the door open for an additional 0.25 percentage point hike to 6.5 percent. The economic research team at Goldman Sachs noted in a commentary … Continue reading Pause in BSP rate hikes becoming more likely