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 Bangko Sentral ng Pilipinas 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.
20, is seen ordering another 25-bps reduction.DBS said the central bank's benchmark rate would end the year at 5.25 percent from the current 5.75 percent and move lower to 4.75 percent in 2026.The peso, meanwhile, could exceed its record low of P59 to the dollar and hit P60.2:$1 in 2025 before easing to P59 the following year.Inflation is expected to remain within the 2.0- to 4.0 percent target, hitting 2.6 percent this year and 2.4 percent in 2026.
Seen 'Mirroring' Fed's Rate-Setting Moves
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