BusinessWorld E-paper
August 10, 2026
A THIRD STRAIGHT rate hike from the Bangko Sentral ng Pilipinas (BSP) is expected later this month as it seeks to steer inflation back to target even as economic growth slumped to a new post-pandemic low in the second quarter.
Security Bank Chief Economist Angelo B. Taningco said the BSP could remain hawkish but with a less aggressive stance after weaker-than-expected inflation and gross domestic product (GDP) growth.
