MARCOS, BSP CHIEF TALKS INTEREST RATES AS EASING CYCLE NEARS END

President Marcos met with BSP Governor Eli Remolona Jr. at Malacañang to discuss the central bank’s recent interest rate cuts and the country’s economic outlook.

The BSP reduced its key policy rate to 4.5% in December, while overnight deposit and lending rates were also lowered.

The central bank expects modest economic growth in the first half of 2026, with a rebound projected in 2027, as the easing cycle nears its end.

The meeting also considered the World Bank’s outlook, which sees economic recovery over the next two years, driven by stronger consumption, investment, and infrastructure projects.

The World Bank noted that long-term growth will rely on faster expansion in low- and middle-income regions outside Metro Manila.

Source: PhilNews24 | January 22, 2026