BSP expected to raise interest rates again amid inflation and peso weakness
On the likely size of the rate hike
Daily Tribune reported that peso depreciation could prompt a more aggressive 'jumbo' hike, while The Manila Times reported economists polled expect a smaller quarter-point increase.
All four outlets reported that the Bangko Sentral ng Pilipinas is widely expected to raise interest rates again this week, citing high inflation and a weak peso.
Drafted with AI from these 4 reports, checked and approved by a Parley editor. Approved 19 Oct, 8:34 AM.
What each outlet reported
Daily Tribune reported that further peso depreciation could prompt the BSP to adopt a more aggressive 'jumbo' rate hike.
Read Daily Tribune's report →Philstar reported that the BSP is widely expected to raise interest rates again this week due to resurgent inflation and a weaker peso.
Read Philstar's report →The Manila Times reported that economists polled expect the BSP to raise key rates by another quarter-point on Thursday.
Read The Manila Times's report →Inquirer reported that the BSP is expected to raise interest rates again later this week as inflation remains stubbornly high.
Read Inquirer's report →