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