Philippines cuts policy rate by 25 bps as inflation outlook eases
The BSP has reduced its key rate by 25 bps to 5.25 per cent, citing a lower 2025 inflation forecast of 1.6 per cent. Rates for overnight deposit and lending facilities were also adjusted. While inflation risks from oil and electricity persist, expectations remain anchored. The BSP highlighted global slowdown risks and pledged to maintain supportive monetary settings.
The BSP has reduced its key rate by 25 bps to 5.25 per cent, citing a lower 2025 inflation forecast of 1.6 per cent.
Rates for overnight deposit and lending facilities were also adjusted.
While inflation risks from oil and electricity persist, expectations remain anchored.
The BSP highlighted global slowdown risks and pledged to maintain supportive monetary settings.
