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Another 25-bp BSP rate cut likely in June

Manila Bulletin

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April 15, 2025

The Bangko Sentral ng Pilipinas (BSP) is expected to immediately follow through on last week's 25-basis-point (bp) cut in key interest rates with a similar reduction at its next policy meeting on June 19.

"For now, we maintain our view for the BSP's next 25-bp rate cut in June, but it remains 'live' given the rapidly evolving external environment," said Junjie Huang, Deutsche Bank Research's economist for the Philippines, in an April 11 report sent to journalists on Monday, April 14.

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