Published by
Philippine Star
Philippine Star
Lawrence Agcaoili – The Philippine Star January 20, 2022 | 12:00am MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may shift to a tightening mode in the latter part of the year as the country emerges as the fastest growing economy in Southeast Asia, Malaysian financial giant Maybank said. Suhaimi Ilias, chief economist at Maybank, said the Monetary Board may start hiking interest rates by 75 basis points over the next two years after keeping policy rates at record lows for more than a year. “We expect the rate hike to kick off in the fourth quarter of 2022 with a single 25-basis-po…