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BSP Widely Expected to Hike Policy Rate by 25 Basis Points

BSP Widely Expected to Hike Policy Rate by 25 Basis Points

Analysts expect the Bangko Sentral ng Pilipinas to raise interest rates by 25 basis points for a third straight meeting. Persistent inflation, a weaker peso and external risks are seen outweighing concerns over slowing growth.

Original headline

BSP widely expected to hike rates by 25 bps