The Bangko Sentral ng Pilipinas (BSP) may keep its easing cycle alive well into next year, hoping to jolt an economy weighed down by weak business sentiment and sluggish public spending. These local pressures have begun to eclipse external risks, signaling a shift in the factors influencing the country’s economic outlook.
Miguel Chanco, chief emerging Asia economist at London-based Pantheon Macroeconomics, commented on last week’s surprise quarter-point rate move, highlighting its significance amid the challenging economic environment.
https://business.inquirer.net/552321/bsps-rate-cut-run-may-stretch-into-2026