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BusinessWorld E-paper

September 9, 2025

THE BANGKO SENTRAL ng Pilipinas (BSP) may hold off further monetary easing in October after inflation rose to a fivemonth high in August, with analysts expecting the central bank to deliver its last interest rate cut for the year in December.

Union Bank of the Philippines (UnionBank) Chief Economist Ruben Carlo O. Asuncion said it would be difficult for the BSP to justify another reduction in borrowing costs next month given the rebound in price pressures.

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