BSP easing may end sooner than expected

Recent developments like the peso’s back-to-back record losses and a spike in global oil prices amid heightened geopolitical upheavals may prompt the Bangko Sentral ng Pilipinas (BSP) to end its rate-cutting campaign sooner than expected, UnionBank said. In their latest MktsFocUs report, economists at the Aboitiz-led bank said the BSP was still expected to focus