BusinessWorld E-paper
March 26, 2024
THE BANGKO SENTRAL ng Pilipinas (BSP) may cut interest rates by 50 basis points (bps) this year, Finance Secretary Ralph G. Recto said.
“Possibly, 50 bps (this year). Maybe two (cuts). This is just my expectation,” he told reporters in mixed English and Filipino on the sidelines of an Economic Journalists Association of the Philippines event last week.
