BSP finishes 2025 with fresh 25-bp rate cut to boost growth

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) capped 2025 with another quarter-point rate cut, as concerns about weakening economic growth outweighed the risks of peso depreciation. The latest decision of the policy-making Monetary Board brought the overnight borrowing rate that guides bank lending costs to 4.5 percent. This brought the cumulative reductions since