No BSP rate hikes this year – HSBC

2019-01-14 -

BANGKO Sentral ng Pilipinas (BSP) policy rate hikes are unlikely this year with inflation expected to return to target, a banking giant said.

“We no longer see any further rate hikes from the BSP in 2019,” HSBC Global Research said in a report released last week.

The central bank’s policy-mak