Core Viewpoint - The Bangko Sentral ng Pilipinas (BSP) unexpectedly lowered the benchmark interest rate by 25 basis points to 4.75%, continuing a monetary easing cycle aimed at stimulating economic activity [1]. Group 1: Monetary Policy Actions - The rate cut is part of a broader trend in the region, with central banks in countries like New Zealand and Indonesia also reducing rates to support economic growth [1]. - A survey of 26 economists revealed that only 7 predicted the rate cut, indicating a general expectation that the BSP would maintain the key rate [1]. Group 2: Regional Central Bank Trends - The BSP's decision aligns with actions taken by other central banks in the region, while the U.S. Federal Reserve appears poised to lower rates further in 2025 [1]. - In contrast, Thailand's central bank unexpectedly chose to pause its rate cuts this week, highlighting differing monetary policy approaches within the region [1].
菲律宾央行意外降息25个基点 以刺激经济增长
Xin Hua Cai Jing·2025-10-09 07:03