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‘BSP sees less need for aggressive rate hikes’

The Bangko Sentral ng Pilipinas can afford to be less aggressive in raising interest rates as economic growth remains below potential, but policymakers still need to see a more convincing decline in inflation before relaxing their stance, BSP Governor Eli Remolona Jr. said.

We haven't written up this one. Philippine Star Business has the full story — the link below goes straight to it.

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