The Philippine central bank's governor just dropped a hint that's got markets buzzing. Weaker-than-expected economic growth? That's pushing December rate cuts from "maybe" territory into "increasingly likely" zone.

When GDP momentum slows, monetary authorities typically loosen their grip. And for anyone watching regional liquidity flows, this matters. Southeast Asia's monetary policy shifts often ripple through risk asset appetite—crypto included.

December's policy meeting could mark a turning point if inflation pressures keep cooling while growth sputters. The governor's comments suggest they're weighing the trade-offs carefully, but the direction of travel seems clear.