BusinessWorld E-paper
August 21, 2024
THE BANGKO SENTRAL ng Pilipinas (BSP) may have room for two more rate cuts this year, Metropolitan Bank & Trust Co. (Metrobank) said.
“For now, we are holding on to our ‘2+1’ rate cut call (two cuts with a possibility of a third cut) for 2024, with up to 75 basis points (bps) worth of easing slated for early 2025,” Metrobank Chief Economist Nicholas Antonio T. Mapa said in a report.
