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Monthly Recap: Fed’s path, Philippines cuts outlooks
Here are the key economic events in June 2025 and what to look out for ahead.
By Metrobank Research
As more US Federal Reserve (Fed) officials signal possible rate cuts and as geopolitical risks from the Israel and Iran tension seem to moderate, the odds of resumed monetary easing by the Fed are also increasing.
We saw the dollar-peso climb and drop this month as the Israel-Iran tension heightened then subsided.
On the local front, the government slashed the Philippines’ growth estimate to 5.5%-6.5% for this year and 6.0%-7.0% next year, from the previous 6.0%-8.0% for both years. The inflation target was also narrowed to 2.0%-3.0% for this year, from the previous 2.0%-4.0%.
(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.)
Monthly Economic Update: Fed cuts incoming
Fed officials increasingly open to easing
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