JPMorgan Economist Expects Philippine Central Bank to Keep Raising Rates
JPMorgan economist Jin Tik Ngai says the BSP is likely to keep raising rates until price pressures show signs of peaking. Headline and core inflation are expected to accelerate further into 2027.
The Philippine central bank will likely keep raising rates until evidence shows price pressures have peaked, JPMorgan economist Jin Tik Ngai says in a note. Headline and core inflation are expected to accelerate further into 2027. JPMorgan reckons the BSP will raise its policy rate by 25 basis poin…