By Katherine K. Chan, Reporter
THE BANGKO SENTRAL ng Pilipinas’ (BSP) tightening cycle may be over as the country’s sluggish growth will likely soften demand-driven inflation, with rate cuts on the table for mid-2027, Standard Chartered Bank said.
Jonathan Koh, Standard Chartered’s senior economist and foreign exchange (FX) analyst for Association of Southeast Asian Nations (ASEAN), said the BSP may adopt a “wait-and-see” approach while assessing the movements of oil prices and the peso-dollar exchange rate.
“(B)ecause growth is soft, I think that the demand inflation is probably going to be softer. And from that perspective, I think that the BSP can potentially actually wait and see,” Mr. Koh told a press briefing on Friday.
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