Financial News: Philippine Central Bank Hikes Rates By 25 Bps

Philippine Central Bank Hikes Rates By 25 Bps

08/27/2026 - 03:37:00 (RTTNews)

(RTTNews) - The Philippine central bank raised its key interest rates by 25 basis points for the third consecutive meeting on Thursday, citing risks to inflation.

The Monetary Board of the Bangko Sentral ng Pilipinas decided to hike the reverse repurchase rate by 25 basis points to 5.00 percent.

The decision came in line with expectations.

Previously, the bank had raised the key interest rates by 25 basis points each in April and June.

Official data showed that consumer price inflation continued to remain elevated in July. Headline inflation came in at 6.2 percent but down from 6.4 percent in June.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Italy Inflation Confirmed At 3.3% In August (01 hr(s), 32 min(s), 35 sec(s) ago)
(RTTNews) - Italy's consumer price inflation accelerated as estimated in August to the highest ...Full Story»

Czech Producer Price Inflation Climbs To 20-month High (02 hr(s), 23 min(s), 35 sec(s) ago)
(RTTNews) - Czechia's industrial producer price inflation accelerated further in August to the ...Full Story»

Australia Westpac Leading Index Improves (02 hr(s), 56 min(s), 35 sec(s) ago)
(RTTNews) - Australia's leading index suggested that momentum continued to improve in August a ...Full Story»

Hungary Wage Growth Improves In July (03 hr(s), 11 min(s), 35 sec(s) ago)
(RTTNews) - Hungary's average gross earnings growth accelerated for the first time in six mont ...Full Story»

Sweden Jobless Rate Rises To 8.5% (03 hr(s), 30 min(s), 35 sec(s) ago)
(RTTNews) - Sweden's unemployment rate increased in August from a 20-month low in the previous ...Full Story»

UK Inflation At 5-Month High (03 hr(s), 33 min(s), 35 sec(s) ago)
(RTTNews) - UK consumer price inflation rose to a five-month high in August largely due to higher ...Full Story»

Japan Has Y1.105 Trillion Trade Shortfall In August (58 min(s), 25 sec(s) ago)
(RTTNews) - Japan posted a merchandise trade deficit of 1.105 trillion yen in August, the Ministry ...Full Story»

Japan Core Machinery Orders Sink 3.7% In July (52 min(s), 25 sec(s) ago)
(RTTNews) - The total value of core machinery orders in Japan was down a seasonally adjusted 3.7 p ...Full Story»