BSP signals rate cuts still distant amid high inflation

MANILA, Philippines — Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Tuesday that the economy may have begun recovering in the third quarter, but noted that interest rate cuts could still be some way off as inflation is expected to remain elevated. Remolona said gross domestic product (GDP) growth in the third […]...Keep on reading: BSP signals rate cuts still distant amid high inflation

Nov 4, 2026 - 02:30
BSP signals rate cuts still distant amid high inflation
MANILA, Philippines — Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Tuesday that the economy may have begun recovering in the third quarter, but noted that interest rate cuts could still be some way off as inflation is expected to remain elevated. Remolona said gross domestic product (GDP) growth in the third […]...

Keep on reading: BSP signals rate cuts still distant amid high inflation

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