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We are retaining our GDP forecast for the year at 6.0%.
We have revised our inflation forecasts for 2024 and 2025 amid weaking inflationary pressures.
Here is the latest list of average target prices for companies in the PSE index as of May 2, 2024.
The latest US Fed rate decision and recent developments have not changed our rate cut forecasts by the Bangko Sentral ng Pilipinas (BSP).
It may take some time for the central bank to cut rates as inflation risks remain.
With inflation still unconquered, the BSP sees the likelihood of rate cuts happening much later this year.
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