Marcos Jr., BSP discuss monetary policy, growth outlookBSP Governor Eli Remolona Jr. met with the President at Malacañang on Tuesday to discuss the Philippines’ economic prospects and the central bank’s move to cut interest rates. MANILA, Philippines — The monetary policy easing cycle may be nearing its end, the Bangko Sentral ng Pilipinas (BSP) said, as it briefed President Marcos on the country’s economic outlook. Remolona said the Monetary Board (MB), the central bank’s highest policy-making body, slashed the key policy interest rate to 4.5 percent last month from 4.75 percent in October 2025. “The MB sees its current monetary policy easing cycle as nearing its end,” it added. According to Remolona, it usually takes one to two years for monetary policy to exert its full effect.

Source: Philippine Star January 22, 2026 07:21 UTC