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Economy

Duterte's new central bank chief signals potential rate cut

Diokno vows to maintain independence while analysts expect looser policy

Inflation in the Philippines is softening, allowing Bangko Sentral ng Pilipinas to consider a rate cut.   © Reuters

MANILA -- The Philippines' new central bank governor Benjamin Diokno on March 8 signaled a potential interest cut if inflation continues to decelerate and return to target this year.

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