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.
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.