ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Philippines cuts key rate for third time this year

Economist sees room for further easing amid slowing economy

The Bangko Sentral ng Pilipinas on Sept. 26 cut 25 basis points off its benchmark rate, which now stands at 4%.   © Reuters

MANILA -- The Philippine central bank on Thursday slashed its benchmark rate for a third time this year in the face of decelerating inflation and a slowing domestic economy.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more