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December 14, 2020 | 12:33 am Advertisement
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The Monetary Board is likely to keep policy rates steady at its meeting on Thursday, taking into account the faster inflation trend. â PHILIPPINE STAR/MICHAEL VARCAS
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Reporter
THE CENTRAL BANK is likely to keep its key policy rates at the record low levels on Thursday, as it considers the recent uptick in the countryâs inflation rate, according to analysts.
With recovery prospects remaining bleak in the fourth quarter, analysts expect the Bangko Sentral ng Pilipinas (BSP) to resume policy rate cuts as early as the first quarter of 2021 to boost a sagging economy.
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