Philippines Taux d'intérêt

The Central Bank of the Philippines unexpectedly kept its benchmark interest rate at 5.75% during its February 2025 policy meeting, following three consecutive periods of rate cuts and defying market expectations of a 5.5% rate. The annual inflation rate in the Philippines stood at 2.9% in January 2025, unchanged from the previous month and exceeding market expectations of 2.7%. Inflation expectations for 2025 were adjusted upward to 3.5% from the previous forecast of 3.4%, while the 2026 forecast remained unchanged at 3.7%. Meanwhile, the Board emphasized that domestic growth prospects remain robust, although concerns over global economic uncertainties and its potential impact on the Philippine economy have intensified. The rates on the overnight deposit and lending facilities were also maintained at 5.25% and 6.25%, respectively.