After raising key policy rates nine times since May last year, most economists are convinced that the Bangko Sentral ng Pilipinas is set to step on the brakes of its tightening cycle.
After raising key policy rates nine times since May last year, most economists are convinced that the Bangko Sentral ng Pilipinas is set to step on the brakes of its tightening cycle.
The Philippine economy grew at a slower pace in the first quarter, but a softening inflation turnout has convinced some economists that full-year growth in 2023 could be higher than what was earlier expected.
The Philippine economy grew at a slower pace in the first quarter, but a softening inflation turnout has convinced some economists that full-year growth in 2023 could be higher than what was earlier expected.
GlobalSource country analyst for the Philippines Romeo Bernardo said the latest inflation projection for 2023 was lower than the think tank's forecast three months ago