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Philippines Central Bank Policy Rate

Philippines Central Bank Policy Rate stands at 4.75% as of June 2026, down from 5.25% a year earlier. The reading sits in the 37th percentile of its history back to 1986.

28.77%14.75%0.73% 1986 2006 2026
Philippines Central Bank Policy Rate, 1986–2026. Updated 2026-07-16.
Latest (June 2026)4.75%
One year ago5.25%
10-year range2.00% – 6.50%
Percentile vs. full history37th
History1986–2026 (486 observations)

What it is & how to read it

Philippines's key policy interest rate — the rate the central bank sets to steer the economy, which anchors borrowing costs across the financial system. Rate cuts ease financial conditions and have historically supported asset prices, especially when they come early in a cycle; sustained hiking campaigns do the reverse. The 12-month change in this rate is often a cleaner investment signal than its level, since what matters is whether policy is becoming easier or tighter relative to what markets have priced. Data: Bank for International Settlements policy-rate statistics.

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Data: download CSV (source: BIS central bank policy rates).

Source: BIS central bank policy rates. Updated daily. Part of Cambria Chart Lab — free macro & market charts. For research and education only; not investment advice.