PHILIPPINE monetary authorities are still on monetary easing mode as Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said a 25-basis-point (bps) cut in interest rates was still on the table this year.
“We will cut another 25 bps before the end of the year and then we will review, as we remain data-dependent,” Diokno told reporters during the Economic Journalists Association of the Philippines (EJAP) Economic Forum in Manila on Tuesday.
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