THE Bangko Sentral ng Pilipinas (BSP) is likely to continue its easing cycle, but second-round effects from a looming global trade war could hamper its policy path, analysts said.
“The BSP remains in an easing mode from a fundamentally tight monetary stance; it is yet to unwind its significant tightening of previous years,” GlobalSource Partners Country Analyst and former BSP Deputy Governor Diwa C. Guinigundo said.
“However, the BSP could find itself in the middle of its easing mode faced with upside risks,” he added.
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