Benign inflation gives BSP more space to keep cutting — Nomura - BusinessWorld Online

Benign inflation gives BSP more space to keep cutting — Nomura - BusinessWorld Online

THE BANGKO Sentral ng Pilipinas (BSP) has more than enough room to ease rates further as inflation is expected to settle near the lower end of the 2-4% target band this year. “For as long as inflation remains benign, I think that would give the BSP a lot of scope to keep cutting,” Nomura Global Markets Research analyst Euben Paracuelles said on Money Talks with Cathy Yang on One News. Nomura expects headline inflation to average 2.2% this year, …