Barclays economist Shreya Sodhani stated in a research report that the Central Bank of the Philippines may cut interest rates by 25 basis points in October and December. A 50 basis points cut is also an option, although less likely. The overall CPI in the Philippines for September slowed significantly year-on-year to 1.9%, below the bottom of the central bank's forecast range of 2.0%-2.8% and well below Barclays' forecast. Following the CPI release, Barclays revised down its 2024 inflation expectation from 3.3% to 3.2%.
巴克莱：菲律宾央行可能在10月和12月降息
Barclays: The Central Bank of the Philippines may cut interest rates in October and December.
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