Prime Rate Today 2024 Bsp Bank

Prime Rate Today 2024 Bsp Bank. This is a 0.50% decrease from the same time last year. The central bank of the philippines unexpectedly cut its benchmark interest rate by 25 bps to 6.25% during its august 2024 policy meeting, defying market expectations of holding the rate steady.

As of may 20, 2024, the current prime rate is 8.50%, according to the wall street journal’s money rates table. The federal reserve will lower interest rates by 25 basis points at each of the u.s.