Remolona says rate cut more likely in 2025 on inflation risks

THE WINDOW for the Philippine central bank to start reducing the key rate in the second half of 2024 is narrowing as the risk that inflation may breach its target for a third straight year rises, according to Philippine central bank Governor Eli M. Remolona, Jr. “The upside risks have become worse than before, and […]

Remolona says rate cut more likely in 2025 on inflation risks
THE WINDOW for the Philippine central bank to start reducing the key rate in the second half of 2024 is narrowing as the risk that inflation may breach its target for a third straight year rises, according to Philippine central bank Governor Eli M. Remolona, Jr. “The upside risks have become worse than before, and […]