Tag: slower,
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BSP seen to have ‘slower’ easing cycle
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THE BANGKO SENTRAL ng Pilipinas (BSP) may delay its easing cycle amid continued risks to the inflation outlook, the peso’s depreciation and a hawkish US Federal Reserve, analysts said. “We expect BSP to start its cutting cycle only after the Fed (i.e., in October), which is when we also expect…
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PHL wholesale, NCR retail price growth slower in May
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Wholesale price growth in the country and retail price growth in the National Capital Region (NCR) both eased to multiyear lows in May amid base effects, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the PSA showed the country’s general wholesale price index (GWPI) inched up by…