Philippine central bank expected to hold rates where they are

12/8/2013 | Business World (Philippines)

The Philippine central bank is expected to stand pat on interest rates when its policymakers meet this week, analysts agree. "Our view is that the [bank] will keep rates where they are until mid-2014 given that inflation expectations are still within the band that they projected," said Ildemarc C. Bautista, head of research at Metropolitan Bank & Trust.

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