Recto: Low inflation rate of 2.9% in January opens room to cut interest rates to boost household spending and economic growth
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Finance Secretary Ralph G. Recto highlighted that the low and steady inflation rate of 2.9% in January 2025 gives the Bangko Sentral ng Pilipinas (BSP) room to cut its policy interest rates, which in turn could boost household spending and economic g ...Magbasa pa