The Philippine central bank raised rates in a preemptive move against rising inflation risks driven by the Middle East conflict, the Wall Street Journal reported. The decision reflect a dilemma facing many central banks: tighten policy now to curb energy-driven inflation at the cost of economic growth, or wait and risk falling behind. Bangko Sentral ng Pilipinas raised its benchmark overnight reverse repurchase rate to 4.50% from 4.25%, breaking from most peers in Asia. It also raised its benchmark lending rate to 5.00% from 4.75%.

The Philippine central bank cut rates at its first meeting of the year, a widely expected move as weak growth underlines the need for more economic support, the Wall Street Journal reported. Bangko Sentral ng Pilipinas lowered its benchmark overnight reverse repurchase rate by 25 basis points to 4.25% from 4.50% on Thursday, delivering a sixth straight round of easing. It reduced its benchmark lending rate to 4.75% from 5.00%.

The Philippine central bank delivered a fourth straight rate cut, surprising markets as it flagged a weaker growth outlook, the Wall Street Journal reported. Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by 25 basis points to 4.75% from 5.00% on Thursday. It also lowered its benchmark lending rate to 5.25% from 5.50%. Backing the case for easing: a seven-month streak of below-target inflation and sluggish economic growth. The central bank said in a statement that the outlook for domestic growth has weakened.

The Philippine central bank lowered its policy rate for a third consecutive time to bolster the economy, as low inflation provides room to keep supporting growth, the Wall Street Journal reported. Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by 25 basis points to 5.00%. It also lowered its benchmark lending rate, to 5.50% from 5.75%. A backdrop of benign price pressure gives policymakers the space to keep easing monetary settings to prop up weak growth.

The Philippine central bank lowered its policy rate for a third consecutive time to bolster the economy, as low inflation provides room to keep supporting growth, the Wall Street Journal reported. Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by 25 basis points to 5.00%. It also lowered its benchmark lending rate, to 5.50% from 5.75%. A backdrop of benign price pressure gives policymakers the space to keep easing monetary settings to prop up weak growth.

U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House, and said U.S. goods would pay zero tariffs, Reuters reported. The new tariff rate is just below the 20% threatened by Trump earlier this month, but still above the 17% rate set in April when Trump announced what he called reciprocal tariff rates for dozens of countries. It matches the 19% rate announced for Indonesia and bests Vietnam's slightly higher rate of 20%.

The Philippine central bank cut its policy rate Thursday as widely expected, against a backdrop of cooling inflation at home and trade turmoil abroad, the Wall Street Journal reported. Bangko Sentral ng Pilipinas lowered its benchmark overnight reverse repurchase rate to 5.50%, Gov. Eli Remolona said. The central bank also reduced its benchmark lending rate to 6.00%. The decision had been expected by most economists, with recent Philippine inflation data cementing the case for a cut. Risks from new U.S. tariffs strengthened that argument.

The Philippine central bank surprised markets by keeping its policy rate on hold, pausing its easing cycle due to what it said was a significant rise in global uncertainty, particularly over trade policy, the Wall Street Journal reported. Bangko Sentral ng Pilipinas maintained its benchmark overnight reverse repurchase rate at 5.75%, Gov. Eli Remolona said Thursday. It also held its benchmark lending rate steady at 6.25%. Risks and uncertainty to the global outlook justify keeping rates on hold now, the central bank governor said.

The Philippine central bank announced the launch on Monday of an interest rate swaps market anchored to a newly established benchmark rate to enhance bond market trading and liquidity, Reuters reported. The start of IRS transactions follows the recognition by the International Swaps and Derivatives Association of the benchmark - the overnight reference rate (ORR) - which the Bankers Association of the Philippines helped establish.