Philippine BSP Chief Tempers Hawkish View, Sees One More Cut
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Eli RemolonaPhilippine central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current easing cycle with the economic recovery likely to last longer than thought. “If we get off the fence it’s probably another rate cut but that’s probably about it. One more rate cut,” Remolona said in an interview with Bloomberg Television’s Stephen Engle and Annabelle Droulers on Friday.