Bangko Sentral ng Pilipinas. (File photo / Philippine Daily Inquirer) The Bangko Sentral ng Pilipinas (BSP) is expected to keep its hands off the policy rate for the rest of the year, pegging it at the current 6.25 percent until at least the first quarter of next year even with inflation continuing to decelerate. The Philippine Statistics Authority reported on Friday that July inflation fell to a 15-month low of 4.7 percent, but market analysts believe that the steady slowdown in the rate of increase in the prices of basic goods and services over the past six months is not yet enough to warrant a rate cut.

https://business.inquirer.net/414408/analysts-betting-on-key-bsp-rate-staying-at-6-25

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