MANILA — Philippine central bank Governor Eli Remolona hinted that another rate cut was possible this year but such a move would depend on the economy’s fourth quarter performance.
Remolona told reporters that if GDP proved to be weaker-than-expected in the last quarter of 2025, it would help the central bank, which is holding a rate-setting meeting on February 19, decide whether to ease policy.
When asked if the peso to dollar exchange rate would reach 60, he said “not soon”.
—Reporting by Karen Lema;Editing by Alison Williams
