The Philippine central bank has kept its target reverse repurchase rate at 5.75 per cent.
The rates on the overnight deposit and lending facilities stay at 5.25 per cent and 6.25 per cent respectively.
The decision to keep its key policy rate steady was the bank’s way of hedging against global uncertainties.
For 2025, the risk-adjusted inflation forecast rose to 3.5 per cent from 3.4 per cent.
The rates on the overnight deposit and lending facilities stay at 5.25 per cent and 6.25 per cent respectively.
The decision to keep its key policy rate steady was the bank’s way of hedging against global uncertainties.
For 2025, the risk-adjusted inflation forecast rose to 3.5 per cent from 3.4 per cent.
