BPI Says BSP May Increase Rates By 50 Basis Points After Fed Move
BPI: “Hiking the policy rate gradually in contrast to what the Fed is doing may exacerbate the headwinds affecting the Philippine economy.” BPI — On Thursday, the Bank of the Philippine Islands said that the Bangko Sentral ng Pilipinas (BSP) may increase its benchmark rate by 50 basis points in its meeting next week following … Read more