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Business

Philippine Central Bank Raises Key Interest Rate

Published Thursday, October 22, 2026 · Updated October 22

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  • Single-Source Coverage — 1 source

What We Know — Key Points

  • The Philippine central bank raised its key interest rate by 50 basis points to 5.50 percent on Thursday.

What Is Claimed — Perspectives

Single-Source Coverage
  • Channel News Asia

    The Philippine central bank increased its key interest rate by 50 basis points to 5.50 percent, marking its fourth consecutive hike and exceeding market expectations. This action aims to make monetary policy appropriately restrictive amidst accelerating inflation.

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