BusinessWorld E-paper
September 20, 2024
THE US Federal Reserve’s long awaited rate cut paves the way for the Bangko Sentral ng Pilipinas (BSP) to continue its own easing path, analysts said.
“The new monetary stance of the US, highly anticipated by now, could in fact provide the BSP more space to ease, expand domestic liquidity and stimulate growth,” Diwa C. Guinigundo, country analyst for the Philippines of Global Source Partners, said in a Viber message.
