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Philippines' inflation hits 1.4%, lowest since 2019, likely prompting interest rate cuts soon.
Philippine inflation fell to 1.4% in April, its lowest since late 2019, driven by lower food prices.
Economists predict the central bank may cut rates by 25 basis points as early as June 19, with some expecting up to 75 basis points in cuts this year.
The lower inflation could ease the financial burden on households but may not significantly reflect the strengthening peso's impact yet.
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La inflación de Filipinas alcanza el 1.4%, el nivel más bajo desde 2019, lo que probablemente provoque recortes de tasas de interés pronto.