BusinessWorld E-paper
August 19, 2024
THE BANGKO SENTRAL ng Pilipinas’ (BSP) rate-cutting cycle is expected to continue into early 2025, with the terminal rate seen as low as 4.5-5%, analysts said.
“This is not likely to be ao ne-and-done rate cut,” ING Bank N.V. Research Head and Chief Economist for Asia and the Pacific Robert Carnell said in a report.
