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Bangko Sentral Raises Policy Rate to 5.50%

By Drooid · Oct 22, 2026, 3:16 PM UTC · How we work

Summary

Story summary

Bangko Sentral ng Pilipinas raised its policy rate by 50 basis points to 5.50%.
The hike was the fourth consecutive increase since April 2024, bringing total tightening to 125 basis points.
September consumer price index rose 7.2% year-on-year, ending a four-month slowdown.
Core inflation reached a near three-year high of 4.7% in September.
Q2 GDP grew 2.3% year-on-year, the weakest since 2021.

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Story summary

Bangko Sentral ng Pilipinas raised its policy rate by 50 basis points to 5.50%.
The hike was the fourth consecutive increase since April 2024, bringing total tightening to 125 basis points.
September consumer price index rose 7.2% year-on-year, ending a four-month slowdown.
Core inflation reached a near three-year high of 4.7% in September.
Q2 GDP grew 2.3% year-on-year, the weakest since 2021.