By Luisa Maria Jacinta C. Jocson and Aubrey Rose A. Inosante, Reporters
THE weaker-than-expected economic growth in the third quarter will allow the Bangko Sentral ng Pilipinas (BSP) to continue cutting rates, analysts said, though this outlook is clouded by the Federal Reserve’s own moves under a Trump presidency.
“I think the result certainly means that the BSP’s monetary policy easing cycle will continue for the foreseeable future, with another 25-basis-point (bp) cut at least in the December meeting,” Pantheon Chief Emerging Asia Economist Miguel Chanco said in an e-mail.
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