Philippinen Zinssatz

The Central Bank of the Philippines cut its benchmark interest rate by 25 basis points to 5.5% at its April 2025 policy meeting, aligning with market expectations. The move was driven by easing inflation, with consumer prices rising just 1.8% year-on-year in March, the slowest pace since May 2020 and below the central bank’s 2% to 4% target range. The rate cut also aimed to support the economy amid rising global trade tensions, which have raised concerns over a broader economic slowdown. The Philippine economy expanded by a revised 5.7% in 2024, slightly missing government targets due to typhoon-related disruptions that weakened consumer spending. Meanwhile, the rates on the overnight deposit and lending facilities were also reduced to 5% and 6%, respectively.