Nomura says BSP to impose larger-than-expected rate cuts

  • 3 months ago
Nomura says BSP to impose larger-than-expected rate cuts

Transcript
00:00Japanese investment bank Nomura said the Banco Central ng Pilipinas or BSP could cut interest rates by 250 basis points until next year.
00:09In its Asia's second half outlook report, the firm expects the BSP to start its cutting cycle in October with only 50 basis points in total for this year and 100 basis points for next year.
00:21Meanwhile, BSP Governor Eli Ramolana Jr. said the central bank is on track to begin policy easing by August with the possibility of BSP cutting rates by up to 50 basis points this year.

Recommended

20:26
I
Up next
24 Oras: (Part 3) Bawas-singil sa kuryente; Job fair para sa POGO workers, kaunti lang ang sumipot; Pahayag ni Julie Anne, Sparkle, at parish priest ng parokyang nagsagawa ng kontrobersyal na fund raiser, atbp.
GMA Integrated News
4:29
Dalawang lola sa Cavite, kayang makipagtagisan sa paglalaro ng holen | 24 Oras
GMA Integrated News
4:10
Widows’ War: The proof of Aurora's lies (Episode 74)
GMA Network
4:51
Widows’ War: The investigator puts Galvan to his place (Episode 74)
GMA Network
2:14
Category 3 Hurricane Milton makes landfall in Florida
PTVPhilippines
2:47
P748-B halaga ng proyekto para sa Mindanao, inilatag sa Mindanao infrastructure project
PTVPhilippines
2:50
Ofakim Learning Resource Center, inilunsad sa isang paaralan sa Q.C.
PTVPhilippines
2:31
Biden leads officials in warning Floridians as Hurricane Milton approaches
PTVPhilippines
3:46
Widows’ War: Sam can't hide the truth forever (Episode 74)
GMA Network
1:48
Chief of Staff of Richard Marles goes to public with bullying complaint
ABC NEWS (Australia)
1:34
Labor pledges $20 million hospital expansion as the campaign continues
ABC NEWS (Australia)
2:25
Mag-asawa, kumikita ng P70,000 kada araw dahil sa pastil | Saksi
GMA Integrated News
2:25
Authorities arrested undocumented Chinese nat’ls in Cebu
PTVPhilippines
1:06
New Senate Building now costs P31.6-B in updated plan
PTVPhilippines
1:05
Senators back return of mandatory ROTC program but funding will be a challenge
PTVPhilippines
1:51
Opposition makes $21 million pledges for the state’s justice system
ABC NEWS (Australia)
1:15
Importance of EDCA between PH, U.S. highlighted in joint relief ops in Batanes
PTVPhilippines
0:26
Russian rouble hits 1-year lows vs. major currencies
PTVPhilippines
0:36
OPM artists like Moira Dela Torre, Ben&Ben, Maki honored at Spotify's 10th anniversary celebration
PTVPhilippines
0:29
Katseye, TXT's Yeonjun team up for 'Touch' remix set to be released on Oct. 11
PTVPhilippines
0:45
Taylor Swift donates $5-M for hurricane relief efforts
PTVPhilippines
1:12
Fitch: Multilateral banks could lend up to $480-B before rating downgrades
PTVPhilippines
3:36
PBBM welcomes Thailand-based firm’s plan to invest P2.9-B for production of fiber cement building materials in PH
PTVPhilippines
1:16
Sen. Imee Marcos elated over dismissal of ill-gotten wealth case vs. Marcoses
PTVPhilippines
1:05
PNP clarifies not having dealt with Maslog in relation to her visit to Alice Guo at PNP custodial center
PTVPhilippines