Rates down, prospects up: Analyzing the impact of BSP’s rate cut

As was widely expected, the Bangko Sentral ng Pilipinas (BSP) reduced its key policy interest rate from 6.5 percent to 6.25 percent during its recent Monetary Board meeting held on Aug. 15. This 25-basis-point cut is more than just a number—it’s a signal, a catalyst, and a potential game-changer for various sectors of the Philippine