MOODY'S Analytics, a unit of Moody's Corp., expects the Bangko Sentral ng Pilipinas' policy rate to be raised by 25 basis points (bps) this Thursday as monetary authorities try to temper stubborn inflation.
"In the Philippines, the overnight reverse repo (repurchase) rate is expected to climb 25 basis points to 6.25 percent. The country is battling some of the stickiest inflation in the Asia-Pacific region...," it said in a report.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.