MONETARY authorities cut key interest rates by 25 basis points (bps) on Wednesday, as expected, amid an improving inflation outlook.

The Bangko Sentral ng Pilipinas' (BSP) benchmark rate now stands at 6.00 percent, and the overnight deposit and lending rates were also adjusted to 5.50 percent and 6.50 percent, respectively.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details