MONEY supply growth is expected to slow further in the third quarter of this year, thanks to the central bank’s recent tightening bias, which should help tame inflation and keep the financial system stable.
According to a joint report by First Metro Investments Corp. (FMIC) and the University of Asia and the Pacific (UA&P), the recent hike in banks’ reserve requirement ratio (RRR) will mop up excess domestic liquidity by the third quarter of this year.
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