Philippines May Hold Key Rate for Rest of 2025, BSP Chief Says

The Philippine central bank may stand pat on its key interest rate for the remainder of the year if prices remain cool and domestic demand holds, according to Governor Eli Remolona.

“I think we’ve reached our sweet spot for inflation as well as for output growth. If the numbers stay the way they are, then we won’t need another rate cut,” Remolona said Friday in an interview with Bloomberg Television’s Yvonne Man and Annabelle Droulers.