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Diokno sees more easing as graft woes weigh
The Freeman
|October 28, 2025
The Philippine central bank may cut its key interest rate again in December and further next year, as the economic fallout from a corruption scandal may linger through the end of 2026, an official said.
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"I would expect another 25 basis points cut" at the next meeting in December, Bangko Sentral ng Pilipinas (BSP) Monetary Board member Benjamin E. Diokno said in an interview with Bloomberg Television's Avril Hong on Monday.
Further rate cuts are possible "maybe sometime next year," as policymakers assess economic growth and employment data, with inflation under control, according to Mr. Diokno.
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