The Bangko Sentral ng Pilipinas (BSP) may keep its easing cycle alive well into next year, aiming to stimulate an economy weighed down by weak business sentiment and sluggish public spending.
These local pressures have started to eclipse external risks, prompting the central bank to consider sustained monetary support.
Miguel Chanco, chief emerging Asia economist at London-based Pantheon Macroeconomics, referred to last week’s surprise quarter-point rate cut as a significant move in this context.
https://business.inquirer.net/552321/bsps-rate-cut-run-may-stretch-into-2026