BSP key rate stays at 6.25%

MANILA  -The Monetary Board as expected kept the Bangko Sentral ng Pilipinas key policy rate at 6.25 percent, saying that a pause in hikes was appropriate based on the latest data and assessment of previous rate increases. Since May 2022, the BSP overnight borrowing rate has risen by 4.25 percentage points from a historic low … Continue reading BSP key rate stays at 6.25%