MONETARY authorities will likely cut key interest rates by another 25 basis points (bps) this Thursday given subdued economic growth and within-target inflation, analysts said.
The Bangko Sentral ng Pilipinas' (BSP) policymaking Monetary Board reduced rates three times last year — in August, October and December — for a total of 75 bps as inflation settled within the medium-term goal of 2.0- to 4.0 percent.
