Central Banks

Philippines BSP Chief Open to 75 Basis Points More Cuts for 2025

Eli RemolonaPhotographer: Lam Yik/Bloomberg

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By Andreo Calonzo

May 7, 2025 at 2:07 AM UTC

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The Philippine central bank is open to cutting its key interest rate by a further 75 basis points for the rest of the year as inflation continued to ease, according to Governor Eli Remolona.