Analysts see another BSP rate cut this year

Aug 10, 2019 12:20 am

PHILIPPINE monetary authorities are likely to implement another 25-basis-point (bp) cut on the Bangko Sentral ng Pilipinas’ (BSP) interest rates before the end of the year to boost the slowing economy amid the lower inflation rate, according to analysts.

A shopper inspects apples at a stall in Quinta Market in Quiapo, Manila on Tuesday, the day the Philippine Statistics Authority announced that headline inflation eased. (Photo by Enrique Agcaoili)

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