BSP resumes easing with 25-bp cut - BusinessWorld Online
5 Articles
5 Articles
BSP cuts policy rate by 25 bps to 5.5%
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Thursday cut the key rate by a quarter point, as softer inflation allowed monetary authorities to resume their easing cycle in the face of global headwinds from sweeping US tariffs. The decision of the powerful Monetary Board (MB) lowered the overnight rate that banks use
BSP resumes easing with 25-bp cut - BusinessWorld Online
By Luisa Maria Jacinta C. Jocson, Senior Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) cut borrowing costs by 25 basis points (bps) on Thursday and signaled further easing amid a “more challenging external environment.” The Monetary Board on Thursday reduced the target reverse repurchase rate by 25 bps to 5.5% from 5.75%. All 17 economists in a BusinessWorld poll last week predicted a 25-bp cut. Rates on the overnight deposit and lending facili…
BSP Should Pause: Inflation May Soar Again After Food Emergency Lifted - Mindanao Daily News
By: Ray G. Talimio Jr.The recent forecast by Leechiu Property Consultants that the Bangko Sentral ng Pilipinas (BSP) may cut interest rates by 25 basis points this April, citing the March inflation drop to 1.8%, is understandable but potentially misguided. While headline inflation appears to be easing, this does not reflect the full picture. Underneath […] The post BSP Should Pause: Inflation May Soar Again After Food Emergency Lifted appeared f…
BSP Cuts Policy Rates By Another 25 Basis Points
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) resumed its easing cycle on Thursday, cutting interest rates by another 25 basis points amid decelerating inflation. The latest cut brings the BSP’s target reverse repurchase (RRP) rate by 25 basis points to 5.50 percent. The interest rates on the overnight deposit and lending facilities were also adjusted to 5 percent and 6 percent, respectively. In a briefing, BSP Governor Eli Remolon…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage