JP Morgan sees BSP cutting rates by 25bps on Thursday
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JP Morgan sees BSP cutting rates by 25bps on Thursday

Manila : Philippines | Jul 25, 2012 at 5:31 AM PDT
Source: GMA News
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In turn, higher loans are expected to boost consumption and demand, thereby causing inflation to accelerate somewhat.    The intention to cut rates comes amid the belief that inflation in the Philippines could fall below target if the BSP would not intervene.    In the first half, inflation averaged... FULL ARTICLE AT GMA News
 
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