<\/p>\n
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75%.<\/p>\n
The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point on Thursday (Oct 9).<\/p>\n
The Bangko Sentral ng Pilipinas (BSP) reduced the overnight target reverse repurchase rate by 25 basis points to 4.75 per cent.<\/p>\n
\u201cThe outlook for domestic economic growth has weakened,\u201d the BSP said in a statement. \u201cThis outlook reflects in part the impact on business confidence of governance concerns about public infrastructure spending.\u201d<\/p>\n
To be sure, the Philippines had room to cut, with inflation below the central bank\u2019s target range since March. The latest move brings cumulative cuts since August last year to 175 basis points. Price increases quickened to 1.7 per cent in September but stayed below the BSP\u2019s 2-to-4 per cent goal, and the BSP said it sees scope for a \u201cmore accommodative monetary policy stance.\u201d\u00a0<\/span><\/p>\n \u201cThe favourable inflation outlook and moderating domestic demand provide room to further support economic activity,\u201d the central bank said. \u201cAs the impact of earlier policy action works through the economy, the BSP will remain attentive to emerging risks while maintaining price stability conducive to sustainable growth and employment.\u201d<\/p>\n The decision underscores policymaker concern that the corruption scandal, which has already rattled investor confidence, could damage one of Asia\u2019s fastest-expanding economies. Some economists have lowered growth projections to reflect a likely slowdown in state spending, which accounts for about a fifth of output.\u00a0<\/span><\/p>\n Uncertainty over global policies on trade and investment may also cause the Philippines to miss its gross domestic product growth target next year, according to a central bank report last month.\u00a0<\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75%. The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point on Thursday (Oct 9). The Bangko Sentral ng Pilipinas (BSP) reduced the overnight target reverse repurchase rate by 25 basis points to 4.75 per cent. \u201cThe […]<\/p>\n","protected":false},"author":1,"featured_media":4985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/10\/BSP-2-950x445.jpg",950,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/10\/BSP-2-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/10\/BSP-2-300x200.jpg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/10\/BSP-2.jpg",950,633,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=4984"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4984\/revisions"}],"predecessor-version":[{"id":4986,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4984\/revisions\/4986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/4985"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=4984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=4984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=4984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}