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BSP cuts key interest rate by 25 basis points
PTVPhilippines
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4/10/2025
BSP cuts key interest rate by 25 basis points
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Transcript
Display full video transcript
00:00
The Banco Central ng Pilipinas, or BSP, has lowered its key interest rate by 25 basis points, bringing it down to 5.5%.
00:09
According to BSP Governor Eli Remolona Jr., the Monetary Board expects inflation to stay under control in the next few years,
00:18
giving them more room to help support the economy.
00:21
Currently, BSP expects inflation to go down to 2.3% in 2025, which is slower than earlier forecasts.
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