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BSP Seen Raising Rates Again, Making Loans and Credit Costlier

BSP Seen Raising Rates Again, Making Loans and Credit Costlier

The Bangko Sentral ng Pilipinas is widely expected to deliver another 25‑basis‑point hike on Thursday, Aug. 27. Higher policy rates would likely make loans and other credit more expensive.

Original headline

Loans, credit could get costlier as BSP may raise rates anew