BusinessWorld E-paper
January 13, 2023
THE BANGKO SENTRAL ng Pilipinas (BSP) may cut key benchmark rates in 2024, as well
as lower the reserve requirements for banks in the first half of 2023, its chief said on Thursday.
“Now hopefully by 2024, when pent-up demand is gone, then monetary policy hopefully at that
time will be much looser than what we have now. How much looser? I don’t know. Of course,
so many things can happen,” BSP Governor Felipe M. Medalla said in a speech at the Rotary Club
Manila meeting.
