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BSP surprises with rate cut as corruption mess darkens outlook

9 October 2025
in Business
Reading Time: 5 mins read
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BSP surprises with rate cut as corruption mess darkens outlook
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By Katherine K. Chan

THE BANGKO SENTRAL ng Pilipinas (BSP) unexpectedly slashed its policy rate by 25 basis points (bps) for a fourth straight meeting on Thursday, citing a weakened economic outlook and declining investor confidence amid a widening corruption scandal. 

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