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By Ricky L. Calderon | August 21, 2009 - 12:00am
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The Bangko Sentral ng Pilipinas is expected to raise interest rates further in December, with some economists anticipating additional tightening through early 2027 as persistent inflation and a weakening peso keep pressure on monetary authorities. Analysts from BofA Global Research, BMI and Bank of the Philippine Islands see room for further increases after the BSP’s Monetary Board delivered a larger-than-expected 50-basis-point hike on Thursday, bringing the benchmark interest rate to 5.50 percent.
1 day ago
The Philippine Statistics Authority recently reported that headline inflation rose to 7.2 percent in September 2026.
1 day ago
The Bangko Sentral ng Pilipinas (BSP) delivered its biggest interest rate hike in more than three years yesterday, as worsening inflation pressures prompted a more aggressive monetary policy response. At its fifth policy meeting this year, the Monetary Board raised its benchmark rate by 50 basis points to 5.50 percent. The larger-than-expected increase marked the BSP’s fourth consecutive rate hike this year and its first 50-basis-point adjustment since February 2023.
3 days ago
New York-based GlobalSource Partners is advocating a larger 50-basis-point interest rate hike by the Bangko Sentral ng Pilipinas (BSP) today, warning that a smaller adjustment may not be enough to contain worsening inflation and prevent further damage to household spending and economic growth.
3 days ago
The British Chamber of Commerce Philippines raised its concerns about the Department of Agriculture’s proposed tariff increase for pork imports, a significant commodity for Filipino consumers, which could exacerbate the upward trend in inflation at 7.2% in September.
4 days ago
Lotto Oct 24, 2026
EZ2/LVM - 22 30
SUERTRES - 6 4 0
6D Lotto - 8 6 4 0 4 8
6/42 - 39 3 18 41 42 34
P15,431,959.00
Grand Lotto - 22 39 14 17 54 10
P298,324,976.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66