BSP could cut by 50 bps this year

THE Bangko Sentral ng Pilipinas (BSP) has “greater motivation” to reduce borrowing costs further, analysts said, with expectations of up to 50 basis points (bps) worth of rate cuts this year. “As we look at our gross domestic product (GDP) figures and inflation rates, we can see that there’s more of a greater motivation for […]

BSP could cut by 50 bps this year
THE Bangko Sentral ng Pilipinas (BSP) has “greater motivation” to reduce borrowing costs further, analysts said, with expectations of up to 50 basis points (bps) worth of rate cuts this year. “As we look at our gross domestic product (GDP) figures and inflation rates, we can see that there’s more of a greater motivation for […]