BSP Rate Hike ‘smart’ But To Limit Growth

>>> Shared from the Original Post at BusinessMirror

THE decision of the Bangko Sentral ng Pilipinas (BSP) to hike interest rates due to the recent policy action of the US Federal Reserve may temper the country’s growth prospects, according to the National Economic and Development Authority (Neda) and local economists.

The post BSP rate hike ‘smart’ but to limit growth first appeared on BusinessMirror.