BofA: BSP may end rate-hike cycle in Aug

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may deliver one final rate increase this month before bringing its tightening cycle to a close, Bank of America (BofA) said, as it expects economic growth to remain weak through the end of the year. In a note to clients on Tuesday, Jojo Gonzales, a research analyst