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DOF eyes for 50-bps rate cuts by year-end
Manila Bulletin
|July 22 2025
Citing still favorable inflation data, president Marcos' chief economic manager said the Bangko Sentral ng Pilipinas (BSP) could proceed with delivering two quarter-point cuts in the key interest rate by year-end, even if the United States (US) Federal Reserve (Fed) decides to pause its easing cycle.
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Speaking to reporters last week, Department of Finance (DOF) Secretary Ralph G. Recto said he believes the Philippines has room for further reductions in the key borrowing cost, the magnitude of which remains influenced by the US policy.
Bu hikaye Manila Bulletin dergisinin July 22 2025 baskısından alınmıştır.
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