Two more 25-bp rate hikes seen this year

WIRE — STILL BROADENING PRICE pressures despite slowing headline inflation may warrant two more consecutive rate hikes by the Bangko Sentral ng Pilipinas (BSP), Deutsche Bank Research said. In a report dated July 10, the Germany-based think tank said it still sees the central bank delivering a 25-basis-point (bp) rate hike at each of its next two

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