Bangko Sentral rate cuts seen boosting PH growth

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RATE cuts by the Bangko Sentral ng Pilipinas (BSP) could boost consumer and business spending, leading to stronger economic growth.

“Lower interest rates, combined with easing inflation, are set to provide much-needed relief to consumers, potentially spurring increased spending and investment,” Metrobank research and business analytics officer Marian Monette Florendo said.

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