MAYBANK economists say the PHILIPPINE C.BANK could raise the policy rate by
25bps to 5.75% in December and then pause, holding rates through end-2027. The
central bank has hiked four times this year, totaling 125bps. Maybank notes the
lagged effects of tightening are weighing on domestic demand; while further
tightening is not ruled out if inflation risks increase, weak growth may
Constrain room for additional hikes.
