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S&P sees BSP cutting rates by 100 bps this year

24 March 2025
in Business
Reading Time: 4 mins read
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S&P sees BSP cutting rates by 100 bps this year
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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.

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