Trade shift

Bangko Sentral ng Pilipinas (BSP) Deputy Governor Zeno Ronald Abenoja says the Philippines is well-positioned to support economic growth, a key advantage amid ongoing global trade shocks, in a policy forum organized by the BSP and the Philippine Institute for Development Studies (PIDS), with the theme ‘Seizing the Shift: Navigating Trump’s Reciprocal Tariffs’. Abenoja said the country’s inflation rate of 1.4 percent as of April 2025 allows the bank to lower interest rates.