BusinessWorld E-paper
March 20, 2025
FURTHER monetary easing will be necessary to support economic growth, Finance Secretary Ralph G. Recto said, adding that there is a high likelihood the central bank will cut rates next month.
“Equally important, I suppose, is the reduction of interest rates. It would appear that, because inflation has been controlled in the Philippines… there is room for a rate cut in our next (meeting),” Mr. Recto, who is also a Monetary Board member, told Bloomberg in a televised interview on Wednesday.
