Philippine central bank meeting expected to cut rates, could boost stock market.

This week, the Philippine stock market's direction will be influenced by the Bangko Sentral ng Pilipinas' (BSP) policy meeting and company earnings, with a potential 25 basis point interest rate cut expected. Analysts predict the market range could be between 5,800 and 6,300, with a focus on the central bank's easing cycle amid inflation challenges. A rate cut is anticipated to boost the market, though the BSP may adopt a more cautious approach to monetary easing this year. The Philippine economy expanded by 5.2% in Q4 2024, below expectations, but the BSP is leaning towards supporting growth.

6 weeks ago
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