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Amid inflation woes, BSP easing seen mild

Business Mirror LogoBusiness Mirror1d ago

Amid inflation woes, BSP easing seen mild - Business Mirror

Quick Summary:

THE Bangko Sentral ng Pilipinas (BSP) may be less aggressive in easing monetary policy rates as the country continues to be hounded by its inflation woes, according to a US-based think tank.

ANZ noted that with inflation reaching 2.9 percent in January 2025, unchanged from December 2024, there was an increase in food inflation in January 2025.

With a rate cut expected this week, Chutchotitham said, key policy rates will ease to 5.5 percent.


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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-09 @ 16:14:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1294 words

Reading Time: 8 minutes read

Sentences: 42 lines

Sentence Length: 31 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 26001491

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About Business Mirror

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 72 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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