Interest Rates

27 Aug 2026

4:02PM

BSP extends tightening cycle with third straight interest rate hike

The latest increase extends the BSP's unexpected tightening cycle after officials spent much of last year projecting that 2026 would be a year of policy rate cuts. However, renewed inflation pressures, including higher global oil prices following the Iran conflict, forced the central bank to reverse course.

5 Jun 2026

4:40PM

Softer May inflation unlikely to stop BSP rate hikes, says economist

The slowdown in Philippine inflation in May is unlikely to stop the Bangko Sentral ng Pilipinas (BSP) from raising interest rates further, as underlying price pressures remain elevated despite some relief from lower fuel and food prices, according to an economist.

3 Jun 2026

12:05PM

SM Prime delays P18-B bond sale as higher rates hit corporate fundraising

By: Miguel R. Camus

SM Prime Holdings pushed back plans for a bond sale worth as much as P18 billion as rising borrowing costs ripple through financial markets, underscoring the impact of the US-Iran war on domestic corporate strategy.

5 May 2026

4:19PM

April inflation surge raises pressures for stronger BSP action

A sharp spike in inflation in April is heightening expectations of more aggressive monetary tightening, as rising energy and food costs begin to test the Philippine economy’s resilience.

14 Feb 2026

2:08PM

Metrobank sees 25-bp BSP rate cut on Feb. 19

Slowing economic momentum is expected to take center stage at the Bangko Sentral ng Pilipinas’ (BSP) monetary policy meeting on Feb. 19, with Metrobank projecting a 25-basis-point rate cut to support domestic growth.

7 Jan 2026

11:42AM

Debt, political noise may cap PH’s growth in 2026, Metrobank says

High household debt and lingering political noise are expected to blunt the Philippines’ economic rebound in 2026, even as interest rates fall and growth conditions gradually improve, according to Metrobank Research.

6 Jan 2026

4:18PM

Waiting for cheaper loans? Don’t bet on big BSP rate cuts this year

By: Daxim L. Lucas

Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. on Tuesday signaled limited room for further policy rate adjustments in 2026 despite a benign inflation rate environment, reiterating the regulator’s mantra that any adjustment will be data dependent.

9 Oct 2025

3:47PM

Corruption-induced economic weakness prompts 4th straight BSP rate cut

The central bank chief cited a “benign” inflation outlook that remains well within its target range and said inflation expectations “remain well-anchored.” With price pressures easing, policymakers saw room to support economic activity without threatening price stability.

28 Aug 2025

3:19PM

BSP delivers 3rd straight rate cut this year amid muted inflation

The Bangko Sentral ng Pilipinas (BSP) on Thursday reduced its policy rate by 25 basis points to 5.0 percent, maintaining its relaxed monetary stance amid stable inflation expectations.