By Finance Pulse in KeyInfo —

BSP Slashes Key Rate by 75 Basis Points in 2024

The BSP has reduced the key interest rate by 75 basis points in 2024, concluding with a final 25-point cut in December. Discover the impact of these changes.

A sleek, modern illustration featuring a graph trending downwards, symbolizing reduced interest rate
BSP Slashes Key Rate by 75 Basis Points in 2024

The BSP lowered the key rate by 75 basis points in 2024, with a final quarter-point cut in December.

Source