Dutch international group: The Central Bank of the Philippines may continue to cut interest rates as inflation declines.

Deepali Bhargava, research director for the Asia-Pacific region at the Dutch International Group, reported that the Central Bank of the Philippines may continue to cut interest rates in April if inflation is lower than expected. She pointed out that the year-on-year overall inflation rate in April was 1.4%, much lower than the average expectation of 1.9%. The Dutch International Group predicts another rate cut in 2025, with the policy rate expected to reach 4.75% by the end of 2025.