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Philippine Central Bank Chief Sees Rate Cut More Likely in 2025

The window for the Philippine central bank to start reducing the key rate in the second half of 2024 is narrowing as the risk that inflation may breach its target for a third straight year rises, according to Philippine central bank Governor Eli Remolona.

Kgaogelo MatshwiKgaogelo Matshwi
Apr 15, 2024 - 14:16
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Philippine Central Bank Chief Sees Rate Cut More Likely in 2025
The window for the Philippine central bank to start reducing the key rate in the second half of 2024 is narrowing as the risk that inflation may breach its target for a third straight year rises, according to Philippine central bank Governor Eli Remolona.
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