Interaksyon

BSP delivers larger-than-expected 50 bps hike to combat inflation

October 22, 2026 at 11:00 PM

Move was BSP’s fourth straight increase BSP lifts 2027 inflation forecast to 6.0% from 5.4% on oil and El Niño risks BSP open to further rate hikes MANILA — The Philippine central bank raised its key policy rate by a larger-than-expected 50 basis points (bps) to 5.5% on Thursday, calling it a “decisive” move to […]

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