By Luisa Maria Jacinga C. Jocson, Reporter
Bangko Sentral ng Pipipinas (BSP) is expected to be cut The fourth direct meeting values On Thursday, analyst, between prices and higher prices (GDP).
A Businessworld The Poll, last week showed that 19 in 20 critics expect that the Board of the money expects to reduce the intended recruitment of 25 (BPS) in its policy reviews on February 13.
If it comes to pass, this will bring the Benchmark value to 5.5% from 5.75% current.
This will also notice the fourth meeting directly to BSP CUT has since reduced the cycle in August.
In 2024, Central Bank hit the cost of lending at a number of 75 BPS.
On the other hand, one commentator expects a central bank to keep the interest rates in the meeting.
“We expect the BSP management value by 25 BPS to 5.5% at its meeting of the Finance Board,” Security Bank Corp. Deputy President of Angelo B. DEQUIGN.
Pantheon Macromenomics Chief ASIF ASIA ESIA Ecialist Miguel Chief said a common financial policy “far” between the proposed interest rates.
“I expect the money board decided this week, with another 25 bps, especially with a fourth quarter GDP that comes with expectations and inflation The list of BSP fence, “he said.
The Philippines Nalin Chuttithimal CITI said the BSP would likely submit 25-BP cuts on Thursday after 2024 grows and a limited way of 2024.
The BSP Ruler Eli M. Remona, JR. It’s already said Meaning the average amount “on the table” this week.
“Central Bank may use the main quarter of cutting quarter, and the inflation of the inflation, which allows the stable bank allows additional economic growth,” BPI) to lead the Emilio S. Neri, said Jr.
Chinabank research said the pressures have remained “gentle and corrupted.”
“Holve rising is always settled by 2.9% in January, and a decrease in moderation is slowly reducing, It will be a key installation on the money board, “said the Department of Nomusa Global Markets Consertets Euracelles.
The head of the headache is always strong in 2.9% in January, within the lower bulk of the middle bank.
The HSBC Economist of the Asean Aris D. Dacanay said the inflation “is not the most important” as the price indicator of the librrarian buyers do not.
Weak Growth
At that time, analysts notes that the latest economic Economic data can move another policy.
“To find its purpose of money laundering in 2024 along the Information-intentional target of the year, the BSP has a place to reduce its rate of policy growth, Inc., said.
Patrick M. Ella, economist in Sun Life Investment Management and Trust Corp.
“Reduced national performance in both quarter and year full year year 2024 Similarly supports the legal license to be restricted to meet the Government Government Government,” Chinaabank said.
The Filipino GDP grew up with 5.2% gradually expected in the fourth quarter. This contributed the full growth of 2024 to 5.6%, a short state of 6-6,5%.
“Soft Deproof Data Direct Tota Tota and SlowTest in 1.5 years or second quarter of 2023 may support the local policy,” Irizal Commerce Banking Corp. Economist in Conomist.
The BSP King has previously said the country growing “a little position.” If the output gap extends forward, this will require much recovery, Mr Remonona is added.
“The act of continuous BSP is an impact on low funding and business investment while sowing the Seeding Seeds of investment that can help create jobs,” Mr. Asucion.
Mr. Docanay said relieving financial policy was “will benefit the demand for the need for credit and support.”
“This is an important marketing market signal of business and spending after the last quarter of GDP of the last quarter of 2024,” Oikonomia Advisory and research, Inc. Economist Reinille Matt Erice said.
Pity
At that time, the latest Peto appreciation can also allow BSP to continue in its easy cycle.
The latest peso stability can provide a BSP with the upper room to consider a rate cut, “said Mr Ni. Neri.
“The money is right in the latest trade sessions that follow the US governmental decision to postpone the price of taxes facing Canada and Mexico.
The Peto was closed at P58.03 per dollar on Friday, sustaining 15 cectavos from P58.18 finished on Thursday. This was very close to more than a month or from P57.91-per-per-dollar Pheshe in Jan. 2.
Week Sunday, Peso Similarly rose in 33.5 of the Tekavu from P58.365 to Jan 31.
“In addition, the BSP may be open and a higher exchange rate as long as the inflation is within the target. PESTO can benefit from the ability to buy vendors and homes,” said Mr Ni. Neri.
At that time, Mr Docanay said there were also a BSP area to reduce its contrast of the US FEDERAL Reserve.
“At the moment 125 BPS, history has shown that the spread between BSP and the top Fed Rate list can be small as 100 BPS before beating financial jittes,” he said.
The Reuters reported Federal Reservers officials on Friday, said that Job’s market was strong and noticed a lack of economic treatment and inflation, emphasizing their acceleration of interest rates.
The FED kept its policy stronger last month, producing economic dissension.
“We think the BSP can continue 25-BP cuts such as different interest rates, 100 BPS, residence in a good stage and may not risk the drop of American dollar,” said Chinabank research.
On the other hand, the Moody’s Analytics Sarah Tan notice may store the prices will be held on Thursday, see “Soon” to cut the trades in Trade War Jitters.
“The BSP will have understanding in thinking that can be barren and barren and weaken the peso,” add.
Reducing Search
Moving, analysts say that this middle bank may be vigilant and can submit a few expected level this year.
“The BSP will likely maintain its monitoring messages, offered to the risk of inflation and increases the global disability,” said Chinabank research.
Central bank previously warned that the risk of inflation was attacked in connection with 2026.
“On the other side of 2025, we expect the financial policy to continue but at a limited speed,” said Ms. Tan.
Mr Justona had signed a 50 BPS limit, saying 75 BPS or 100 BPS can be a little “a lot.”
“Though a fixed measure in the table, we believe that the magnitude of reducing this year will be determined,” said Mr Ni. Neri.
“The shortcut of current economic accounts
Mr Neri expects a decrease in 50 BPS reduction.
“Delivery Mr. Remonona Prefyee for 50-BP to cut this year with a Fed on Hold will be a Macro-worth it’s weak peso,” Mr. Nencon.
On the other hand, Mr Ella expects that a central bank has cut the reduction of 50 rates in the first part, keep strong prices in a third quarter before submitting another fourth quarter.
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