Bangko Sentral seen to keep interest rates steady for now

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may continue cutting rates through 2026 as it attempts to offset the expected slowdown in government spending linked to a flood control scandal.

According to Michael Wan, senior currency analyst at MUFG Global Markets Research, the central bank faces the challenge of managing multiple factors affecting economic growth while adjusting its monetary policy.

https://business.inquirer.net/551611/bangko-sentral-seen-to-keep-interest-rates-steady-for-now

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