HSBC economist sees BSP raising rates next year by up to 75 basis points


Posted at Feb 18 2021 04:04 PM

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MANILA - The Bangko Sentral ng Pilipinas may raise interest rates next year by as much as 75 basis points, an HSBC economist said in an ANC interview on Thursday.

HSBC's Noelan Arbis said the central bank will not raise nor cut rates this year, amid elevated inflation and the slow pace of economic recovery.