Tag: derail
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Peso slump could derail rate cuts
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THE PESO WEAKNESS could impact the Bangko Sentral ng Pilipinas’ (BSP) policy easing cycle even after inflation has settled within target for a sixth straight month in May, analysts said.
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Peso won’t derail rate cuts in Q4
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THE Philippine central bank would cut its key rate as early as the fourth quarter despite the peso’s slide to a 17-month low, according to Governor Eli M. Remolona, Jr.