Philippines Central Banker Says Rate Cut Possible This Year
Eli Remolona.
Photographer: Lisa Marie David/BloombergThis article is for subscribers only.
Philippine central bank Governor Eli Remolona said a rate cut is possible “within the year” but added that it’s unlikely for it to happen in the first half.
“Maybe first semester is too soon,” Remolona told reporters on the sidelines of a central bank event on Friday, when asked on the time frame of a possible monetary easing.