Economists see RRR cut this month

17:26 Feb 10, 2019

"..Security Bank Corp. chief economist Robert Dan Roces said the central bank may start slashing the reserve requirement ratio (RRR) anew as early as this month after keeping interest rates steady for the second straight rate setting meeting last Thursday."
"..Michael Ricafort, economic and industry research division head at Rizal Commercial Banking Corp. (RCBC), said the BSP could slash the RRR as soon as inflation eases back to the two to four percent target. "Any possible easing of local monetary policy by ..."
"..MANILA, Philippines -- More economists are expecting the Bangko Sentral ng Pilipinas (BSP) to resume the reduction in bank's requirement ratio as early as this month amid easing inflation. Security Bank Corp. chief economist Robert Dan Roces said the ..."

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