Philippines cbank has scope for 50 bps rate cut, but 25 bps will be norm, governor says
MANILA: The Philippines central bank has scope to do a 50-basis-point rate cut in one policy meeting, but such a big reduction would only happen if there are worries about a hard landing, its governor said on Monday (Sep 30). A 25-bps rate cut will be the norm if there is no risk of a hard landing, Bangko
30 Sep 10:30 · CNA