Amro says no more room left for dovish BSP

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may have no room left to cut interest rates and could shift to a wait-and-see stance as the Middle East conflict unfolds, with the duration of the crisis likely to determine if a tightening cycle is warranted, the Asean+3 Macroeconomic Research Office (Amro) said. Dong He,