Policy rate cut seen to boost consumer spend, investment

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THE Philippine equity markets are currently pricing in a potential 25-basis-point (bps) rate cut by the Bangko Sentral ng Pilipinas (BSP) in its upcoming policy meeting on Thursday, executives of Manulife Investment Management and Trust Corp.have said.

Chutchotitham added that “aside from the general elections in May, we think that [the] BSP could pause in April to reassess overall inflation risks.

Additionally, peso depreciation could increase import and borrowing costs, thereby negatively affecting corporate earnings, a briefing paper by the company read.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: Philippines

Topics: Year Risks Monetary Chutchotitham Currency Percent Inflation Investors June Canizares Rate

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 12:40:08 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 556 words

Reading Time: 4 minutes read

Sentences: 13 lines

Sentence Length: 43 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 26103927

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

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