THE Bangko Sentral ng Pilipinas (BSP) will likely match the US Federal Reserve this year policy moves this year, DBS Bank Ltd. said, opting for fewer rate cuts as it seeks to balance economic growth and inflationary pressures.
The Singapore-headquartered bank, in its latest Asean-6 2025 Outlook released on Monday, said that it expected the BSP to cut by 50 basis points (bps) "this year and 50 bps next year, mirroring [the] Fed's moves," after acting ahead of the US central bank last August despite worries of possible peso volatility.
