Rate cuts could start in June – Moody’s unit

INTEREST rate cuts will likely start in June at the earliest, Moody’s Analytics said, with monetary authorities continuing to pause during their first three policy meetings for the year due to volatile inflation.

“The economy will fare better this year, especially in the second half,” the Moody’s research unit said in a note published last Friday following the release of the Philippines’ 2023 growth results.

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