• Contact
Wednesday, July 16, 2025
Register
Login
European Press
Advertisement
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video
No Result
View All Result
European Press
No Result
View All Result

BSP delivers 2nd straight rate cut

19 June 2025
in Business
Reading Time: 4 mins read
A A
BSP delivers 2nd straight rate cut
ShareShareShareShareShare

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.

Support authors and subscribe to content

This is premium stuff. Subscribe to read the entire article.

Login if you have purchased

Subscribe

Gain access to all our Premium contents.
More than 100+ articles.
Subscribe Now

Related Posts:

  • BSP delivers 2nd straight rate cut
    BSP delivers 2nd straight rate cut
  • BSP sees ‘a lot of policy space’ amid cooling inflation
    BSP sees ‘a lot of policy space’ amid cooling inflation
  • Analysts split on BSP easing path
    Analysts split on BSP easing path
  • BSP may cut rates in June, August
    BSP may cut rates in June, August
ShareTweetSendPinShare
Previous Post

Trump’s proposed tax on remittances ‘a concern’ for PHL

Next Post

Simple fan hack will cool you down with NYC heatwave approaching

Next Post
Simple fan hack will cool you down with NYC heatwave approaching

Simple fan hack will cool you down with NYC heatwave approaching

Recommended

Panasonic Manufacturing Philippines Corp. to virtually convene stockholders for its Annual Meeting on July 18

Panasonic Manufacturing Philippines Corp. to virtually convene stockholders for its Annual Meeting on July 18

21 June 2025
Philippines still a lower middle-income country, according to World Bank

Philippines still a lower middle-income country, according to World Bank

2 July 2025
Data, dialogue, and direction: FEU Public Policy Center joins women leaders in shaping a more inclusive future

Data, dialogue, and direction: FEU Public Policy Center joins women leaders in shaping a more inclusive future

10 July 2025
When to buy a laptop: Best times to buy a new PC

When to buy a laptop: Best times to buy a new PC

3 July 2025
The ‘Cinderella rule’ is a life hack that could give your sex life a boost

The ‘Cinderella rule’ is a life hack that could give your sex life a boost

15 July 2025
European Press

European-press.com shares the latest news from Europe and around the world. It covers topics such as business, technology, sports, health, entertainment, and lifestyle. Feel free to get in touch with us!

Disclaimer  Privacy Policy – EU  Imprint 

Contact Us

What’s New Here!

  • Latest news bulletin | July 5th – Evening
  • 76ers’ Paul George gets knee surgery after offseason injury
  • When is the live-action ‘How to Train Your Dragon’ streaming?
  • The stars who’ve picked sides as Gregg Wallace and John Torode sacked

Subscribe to Our Newsletter

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Translate »
European Press
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Entertainment
  • Lifestyle
  • Video

Copyright 2025 © EUROPEAN PRESS All rights on our posts reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
×