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MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is widely expected to raise interest rates again this week as policymakers continue their efforts to steer inflation back within the central bank’s target range.
All 15 economists surveyed by the Inquirer expect the Monetary Board to tighten monetary policy at its June 18 meeting.
READ: Jumbo rate hike option still alive
Twelve forecast a quarter-point increase, while three anticipate a larger half-point move, underscoring concerns that price pressures could remain stubborn despite signs of easing.
