THE Bangko Sentral ng Pilipinas (BSP) is expected to adopt a cautious stance on rate reductions in 2025, analysts said, wary of potential global price risks.
"We continue to subscribe to the view that the BSP will avoid cutting rates aggressively in 2025 as global price risks could thwart outsized monetary easing actions," Bank of the Philippine Islands (BPI) senior economist Emilio Neri said.