Eto ang latest… The Banko Sentral ng Pilipinas (BSP) hinted at a possible additional 0.25 to 0.5 percentage point (ppt) policy rate hike in August, following the surprise off-cycle increase of 0.75 ppt on July 14. This, in turn, could make short-term interest high!
… Kaya much better kung uutang ka na ngayon habang mababa pa ang interest rates sa financial market!
So far, Lloyd’s keeps its benchmark interest rate at 0.88% per month to continue to support the economic recovery from the coronavirus pandemic.
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