BSP could match Fed rate cut

BSP could match Fed rate cut – Recto

Sep 25, 2024 12:45 am

THE Bangko Sentral ng Pilipinas (BSP) can copy last week's supersized US Federal Reserve (Fed) rate cut amid slowing inflation, Finance Secretary Ralph Recto said on Tuesday.

'I think we can also do half a percent,' he told Palace reporters.

Finance Secretary Ralph Recto. Screengrab from PCO Press Briefing

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