Philippine Central Bank Can Afford to Wait on Rate Cuts -- Market Talk

Dow Jones14:43

0643 GMT - The Philippine central bank can afford to remain patient, although UOB doesn't rule out the possibility of a rate cut later this month. The January headline and core inflation readings could signal early stages of reflation amid a gradual recovery in domestic demand, UOB economists say in a note. Bangko Sentral ng Pilipinas expects domestic demand to rebound gradually, as the effects of monetary easing filter through the economy and public spending improves. Inflation readings for February to April, among other factors, will be key in calibrating BSP's policy in 2Q. UOB's base case remains for the BSP to deliver its final 25bp rate cut in 2Q.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

February 05, 2026 01:43 ET (06:43 GMT)

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The January headline and core inflation readings could signal early stages of reflation amid a gradual recovery in domestic demand, UOB economists say in a note. Bangko Sentral ng Pilipinas expects domestic demand to rebound gradually, as the effects of monetary easing filter through the economy and public spending improves. Inflation readings for February to April, among other factors, will be key in calibrating BSP's policy in 2Q. UOB's base case remains for the BSP to deliver its final 25bp rate cut in 2Q.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 05, 2026 01:43 ET (06:43 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2609323233","isCrawlerRequest":true}