BSP to pause rate cut cycle this week as it seeks clearer economic picture - BusinessWorld Online

BSP to pause rate cut cycle this week as it seeks clearer economic picture - BusinessWorld Online

THE BANGKO SENTRAL ng Pilipinas (BSP) could pause its easing cycle anew at this week’s meeting even as September inflation was below market expectations as it will likely want to see more data to assess the overall economic picture, analysts said. However, risks to the country’s growth outlook due to the fragile global environment could lead to a cut at the Monetary Board’s December meeting. “We think September inflation sets the stage for a qua…