A speech signal processing method is performed at a terminal device, including: obtaining a recorded signal and a to-be-output speech signal, the recorded signal including a noise signal and an echo signal; calculating a loop transfer function according to the recorded signal and the speech signal; calculating a power spectrum of the echo signal and a power spectrum of the noise signal according to the recorded signal, the speech signal, and the loop transfer function; calculating a frequency weighted coefficient according to the two power spectra of the echo signal and the noise signal; adjusting a frequency amplitude of the speech signal based on the frequency weighted coefficient; and outputting the adjusted speech signal to a speaker electrically coupled to the terminal device. As such, the frequency amplitude of the speech signal is automatically adjusted according to the relative frequency distribution of a noise signal and the speech signal.