Philippines Set for Another Rate Cut as Tariffs Weigh on Economy
Shoppers at a street market in Taguig City, the Philippines, in 2024.
Photographer: Geric Cruz/BloombergThe Philippine central bank is widely expected to continue its monetary easing cycle on Thursday to support the economy from US tariff risks as inflation remained benign.
All 26 analysts surveyed by Bloomberg see the Bangko Sentral ng Pilipinas lowering its overnight target reverse repurchase rate by 25 basis points to 5%, the lowest in almost three years.