By Luisa Maria Jacinta C. Jocson, Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) unexpectedly held interest rates steady on Thursday as global uncertainties threaten the outlook for inflation and growth, although signaled that the easing cycle is still underway.
At its first policy meeting of the year, the Monetary Board left the target reverse repurchase rate unchanged at 5.75%.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
