BSP easing cycle done this year, analysts say

THE Bangko Sentral ng Pilipinas (BSP) may be done with its easing cycle for 2019, even as the country’s inflation decelerated further to an over three-year low of 0.9 percent in September, analysts said on Friday.

Economists from Nomura Securities Ltd. and Security Bank Corp. expect monetary authorities to pause on reducing the central bank’s key policy rates for the rest of the year.