BusinessWorld December 10, 2020 | 7:44 pm THE Bangko Sentral ng Pilipinas (BSP) could still resort to another policy rate cut early next year to further support the recovery, with the stock market seen benefiting the most from the low interest rate environment, according to Sun Life Asset Management Co., Inc. In a briefing Thursday, Sun Life Asset Management Chief Investment Officer Michael Gerard D. Enriquez said the Monetary Board could decide to ease by another 25 basis points (bps) in the first quarter of 2021. The BSP has reduced rates by 200 bps so far this year, bringing policy rates to record lows. The projected cut will help the economy sustain its rebound to growth of 6-7% by 2022 following a prolonged effort to contain the coronavirus, it said.