BSP may slash rates by 75 bps in 2025 — Recto

THE BANGKO SENTRAL ng Pilipinas (BSP) could cut benchmark interest rates by 75 basis points (bps) in 2025, Finance Secretary Ralph G. Recto said. Mr. Recto, who previously projected 100 bps of cuts in 2025, told reporters the pace of easing will depend on various factors, such as inflation and the US Federal Reserve’s next