The Bangko Sentral ng Pilipinas lowered its overnight reverse repurchase rate by 25 basis points to 5.0% on Thursday, marking the third straight reduction this year and the benchmark’s lowest level in nearly three years. Monetary Board officials said well-anchored inflation expectations and resilient domestic demand allowed further easing, while the move is intended to shore up growth amid headwinds from the United States’ 145% tariff on Chinese goods and broader global trade uncertainty.