MANILA: The Philippine central bank said on Thursday that it decided to keep its policy rate at 4.25%, adding that it will act as needed to maintain price stability and address likely second-round effects.
The bank said mounting risks to inflation require sustained vigilance, and inflation in 2026 is expected to breach the 4.0% ceiling but move back toward the tolerance range by 2027.
The next review of interest rates by the central bank was due to take place on April 23. - Reuters
