BSP tipped to hike rate by final 25 bps

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may cap its tightening cycle with one more rate hike to help weather volatility stemming from a hawkish US Federal Reserve (Fed). In a note to clients, economists at Australia and New Zealand Banking Group Ltd. (ANZ) said such a response is needed as the Philippines—much like