Analyst: One more cut 'the base case'

Oct 18, 2024 12:27 am

THE Bangko Sentral ng Pilipinas (BSP) will likely deliver one more 25-basis-point (bps) rate cut in December, but a pause is also a possibility should circumstances change for the worse in the next two months.

'Another rate cut from the BSP this year remains the base case given the favorable outlook for inflation,' Bank of the Philippine Islands (BPI) senior economist Emilio Neri said in a commentary.

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