That’s a clear signal right there.
After weeks of a guessing game, it seems that the Bangko Sentral ng Pilipinas (BSP) is finally ready to give a crystal-clear view of its upcoming policy moves which have long been awaited by markets.
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BSP Governor Benjamin Diokno told Bloomberg that the thrust is indeed towards a policy cut, which could happen as early as the May 9 meeting.
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“It’s not a matter of whether we cut, it is when,” Diokno said in an interview in Washington, DC.
See related story: Diokno keeps rates steady in first meeting as BSP chief
“We are considering it. I’m sure that will be in the agenda in the next policy meeting.”
With inflation comfortably declining, it may be go time.
