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BSP delivers 2nd straight rate cut

19 June 2025
in Business
Reading Time: 4 mins read
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BSP delivers 2nd straight rate cut
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THE BANGKO Sentral ng Pilipinas (BSP) lowered policy rates for a second straight meeting on Thursday and signaled at least one more cut this year to support economic growth.

The Monetary Board on Thursday reduced the target reverse repurchase rate by 25 basis points (bps) to 5.25% from 5.5%, as expected by 15 out of 16 analysts in a BusinessWorld poll last week. This was the lowest level in two and a half years.

Rates on the overnight deposit and lending facilities were also lowered to 4.75% and 5.75%, respectively.

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