‘BSP rate cuts loom as inflation softens’

50 bps of BSP interest rate cuts coming before Q3 2025 ends—DBS

Singapore's DBS Bank Ltd. expects the Bangko Sentral ng Pilipinas (BSP) to end its easing cycle in the third quarter of this year—a year after it began loosening monetary policy in August last year."The Philippine central bank, the BSP, is on course with its rate cuts. Another 50-basis point (bp) cut is likely, bringing the benchmark overnight repo rate to its terminal level of five percent by the end of the third quarter of 2025," from the curr…

‘BSP rate cuts loom as inflation softens’

Analysts remain optimistic about the country’s inflation prospects, forecasting a continued slowdown throughout 2025 as headline inflation edged down to 1.3 percent in May.

Slower April wage growth to feed into interest rate cut hopes

An expected drop in wage growth in April compared to the previous month could encourage Bank of England officials to vote for further interest rate cuts this year, leading analysts have suggested.  Labour market data for April, which is due to be published on Tuesday morning, is set to reveal wage growth has cooled while employment has continued to fall.  A Bloomberg poll of economists believe wage growth excluding bonuses will be 5.5 per cent i…