Amid cooling inflation numbers, an economist warned Bangko Sentral ng Pilipinas against slashing interest rates and said the agency should wait a little bit longer.
Amid cooling inflation numbers, an economist warned Bangko Sentral ng Pilipinas against slashing interest rates and said the agency should wait a little bit longer.
“Core inflation is still very high – close to 8%, almost. And so premature easing might be a bit of a risky strategy,” Neumann told CNN Philippines’ The Final Word.
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