BofA sees BSP ending its tightening cycle in August

WIRE — THE BANGKO SENTRAL ng Pilipinas (BSP) will likely end its tightening cycle after delivering a third straight rate hike later this month, the Bank of America (BofA) Global Research said. In a report on Tuesday, BofA economists said the BSP may raise its policy rate by 25 basis points (bps) at its Aug. 27 meeting

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