Foreign think tank sees 25 bps cut | Philstar.com


The Bangko Sentral ng Pilipinas (BSP) may bring the key interest rate down to 1.75 percent by year-end to support the economy amid the pandemic, according to London-based macroeconomy research firm Capital Economics.

In a report, the think tank said the BSP may cut the main policy rate by 25 basis points in its meeting on Thursday, taking it down to two percent.