Intelligence Feed event · Macro · 2026-08-24

    Bangko Sentral ng Pilipinas keeps policy rate at 6.25% as July inflation cools to 3.1%

    Question

    Bangko Sentral ng Pilipinas keeps policy rate at 6.25% as July inflation cools to 3.1%

    Direct answer

    PHP rates and the peso should be supported by the hold; 10-year Philippine government bonds may stay sensitive to any later easing expectations, while SPXPH faces less pressure from higher discount-rate fears.

    Original publisher
    Market Ontology
    Evidence through
    2026-08-24
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Bangko Sentral ng Pilipinas keeps policy rate at 6.25% as July inflation cools to 3.1%”, revision 1, evidence through 2026-08-24. https://marketontology.com/market-events/2026-08-24/bangko-sentral-ng-pilipinas-keeps-policy-rate-at-6-25-as-july-inflation-cools-to-26b570

    MACRO
    Bangko Sentral ng Pilipinas keeps policy rate at 6.25% as July inflation cools to 3.1%
    PHP rates and the peso should be supported by the hold; 10-year Philippine government bonds may stay sensitive to any later easing expectations, while SPXPH faces less pressure from higher discount-rate fears.
    USDPHPPSEIPH10Y
    Impact
    79
    AUG 24
    SIG
    USDPHPPSEIPH10Y
    Bangko Sentral ng Pilipinas keeps policy rate at 6.25% as July inflation cools to 3.1%
    PHP rates and the peso should be supported by the hold; 10-year Philippine government bonds may stay sensitive to any later easing expectations, while SPXPH faces less pressure from higher discount-rate fears.
    Impact
    PHP rates and the peso should be supported by the hold; 10-year Philippine government bonds may stay sensitive to any later easing expectations, while SPXPH faces less pressure from higher discount-rate fears.
    Affected
    USDPHPPSEIPH10Y
    Source facts

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    USDPHPan unchanged policy rate preserves carry and reduces near-term easing expectations for the pesoDown1-5dBSP held the benchmark rate at 6.25% and said current settings are appropriate
    PSEIrate stability can ease valuation pressure on domestic equities through a steadier discount-rate backdropUp1-5dBSP kept the benchmark rate unchanged while inflation cooled to 3.1%
    PH10Ythe hold supports front-end yields, but cooling inflation and an eventual easing path can cap long-end movesMixed1-5dJuly CPI fell to 3.1% while policy was left unchanged

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    What happened next

    Price follow-up pending — no stored daily closes for these assets yet.

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    Sources

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