Most analysts believe the Bangko Sentral ng Pilipinas (BSP) will keep its accommodative monetary policy setting throughout the year to support Philippine economic recovery amid easing inflationary pressures.
Comments by Fitch Solutions, Nomura, Capital Economics and ING Bank Manila analysts followed the Thursday decision of the Monetary Board to keep the central bank’s overnight borrowing, lending and deposit rates at 2.00 percent, 1.50 percent and 2.50 percent, respectively.
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