PHP: Easing bias weighs on currency – ING

ING’s Deepali Bhargava notes that the Bangko Sentral ng Pilipinas (BSP) delivered a widely expected 25bp rate cut to 4.25%, but paired it with more cautious and uncertain guidance as growth remains softer than expected.

capitalindexers
capitalindexers
 Feb 20, 2026  0  3
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PHP: Easing bias weighs on currency – ING
ING’s Deepali Bhargava notes that the Bangko Sentral ng Pilipinas (BSP) delivered a widely expected 25bp rate cut to 4.25%, but paired it with more cautious and uncertain guidance as growth remains softer than expected.
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