The Bangko Sentral ng Pilipinas (BSP) may retain its key policy rates until the second half of 2014, according to the latest economic report from banking giant HSBC.

“We do not expect policy to change until H2 2014, as inflation is expected to stay benign until then and growth momentum is still robust,” HSBC stated in the report The Philippines: No news is good news: the BSP held rates.

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