CENTRAL BANKS in the Asia-Pacific including the Bangko Sentral ng Pilipinas (BSP) are expected to cut rates further this year, S&P Global Ratings said.
“As inflation eases across the region, we expect central banks to cut rates, particularly in the slowing economies,” it said in a recent report.
S&P said it sees the Philippines’ benchmark rate ending at 4.75% this year, which implies 100 basis points (bps) worth of rate cuts in 2025.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
