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Bank of the Philippines could cut policy rate by 25 basis points in December 2024
After analyzing the October inflation data, Barclays economist Shreya Sodani pointed out that the Philippine central bank could cut its policy rate by 25 basis points in December 2024 and by 75 basis points in 2025. She said that the headline inflation rate rose to 2.3% year-on-year in the month, which is within the central bank's forecast range of 2.0% -2.8%. Sodani expects the Philippine central bank to cut interest rates by 25 basis points per quarter from Quarter 1 to Q3 of 2025 and end when...
2024-11-05 12:28:23
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