Philippine central bank to trim rates twice this quarter: Reuters poll
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BENGALURU : The Philippine central bank will cut its key policy rate by 25 basis points both in October and December to support economic growth as inflation is expected to stay under control, according to a majority of economists in a Reuters poll. Expectations of inflation returning to the Bangko Sentral ng Pilipinas' (BSP) 2 per cent-4 per cent target helped the central bank kick-off its easing cycle in August. Ever since, inflation has dropped to 1.9 per cent, supporting the prospect of
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