BSP gains room to further hike policy rate–Nomura

MANILA, Philippines – The rebound in government spending in April could give the Bangko Sentral ng Pilipinas (BSP) more room to raise interest rates to combat war-driven inflation without placing too much strain on economic growth, according to Nomura Global Markets Research. In a research note, Nomura said there’s now “light at the end of […]... Keep on reading: BSP gains room to further hike policy rate–Nomura

Original source: Philippine Daily Inquirer