Monthly Recap: Tariff war’s toll and rate cuts  

The tariff war is starting to take a toll on financial markets and investor sentiment. The increasing odds of a global economic slowdown has prompted multilateral lending agencies to lower their growth forecasts for the Philippines.

The Bangko Sentral ng Pilipinas (BSP) also resumed its monetary easing policy this month amid global growth concerns spilling to domestic growth. With inflation remaining subdued, monetary authorities have more degrees of freedom to further reduce policy rates.

In the US, President Donald Trump has been calling for a reduction in policy rates. But all this tariff talk could stoke inflation. Now, the ball is in the US Federal Reserve’s court.

(Disclaimer: This is general investment information only and does not constitute an offer or guarantee, with all investment decisions made at your own risk. The bank takes no responsibility for any potential losses.)  

Economic Updates       

Monthly Economic Update: BSP easing cycle continues  

Remolona’s “degrees of freedom” amid the tariff war  

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