DBS said the BSP will likely stay “on a dovish path” to support economic growth. — The Inquirer
MANILA: The Bangko Sentral ng Pilipinas (BSP) might have to extend its easing cycle up to 2026 to match the slower pace of rate cuts in the United States, Singapore-based DBS Bank says.
In a commentary, DBS nevertheless said the BSP will likely stay “on a dovish path” to support economic growth even as the US Federal Reserve (Fed) had hinted at fewer rate reductions for this year.
