MANILA, Feb 11 (Reuters) - Philippine central bank governor Eli Remolona said on Wednesday that the door is open for further interest rate cuts to support growth, which slowed more than expected in the last quarter of 2025.
Growth fell partly as a result of a corruption scandal that eroded business and consumer confidence as well as public spending.
Remolona told reporters that the central bank, which will meet on February 19 for a review, could "maybe" ease policy further, but he stopped short of committing to the timing or size of any fresh rate cuts.
His remarks followed a speech he gave before business executives, where he also said the following:
* Business confidence is returning, but not as fast aspolicymakers would like. * He would be more worried if inflation rose beyond 3%,which is the midpoint of the government's 2% to 4% target rangefor the year. * The Philippines is "doing okay" in terms of managinginflation, which quickened to 2.0% in January * The Bangko Sentral ng Pilipinas has cut interest rates bya total of 200 basis points to 4.5% since August 2024.
(Reporting by Mikhail Flores; Editing by David Stanway)
