Power ShiftTuesday, February 17, 2026

Philippine Central Bank Prepares for Key Interest Rate Cut Amid Economic Challenges

Sourced from 3 publications

•The BSP is expected to lower interest rates to bolster an economy struggling with low growth and a corruption scandal.
•Remittances from overseas Filipinos reached a record high but provided only limited overall economic support.
•The Philippine peso strengthened to 57 per dollar, although sustainability is questioned without new economic drivers.
•Bank of America forecasts a rebound in the infrastructure sector's bond market as public spending normalizes.
•A Reuters poll indicates that the BSP will maintain the revised rate through 2026 to support domestic growth.

Sources

RBA flags more rate rises as high inflation lingers

Stephen Johnson

Holiday transfers pushed remittances to new record high in 2025

NewsPublish

Peso climbs to 57:$1 level

NewsPublish

BSP rate cut urgency builds amid anemic economy

NewsPublish

Infrastructure sector seen to regain bond mart sweet spot

NewsPublish

Philippine central bank set for final 25-bps cut to 4.25% on February 19 - Reute...

CNA

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Curated from 3 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.