Most banks in the Philippines plan to keep their lending standards unchanged in the second quarter of 2026, suggesting continued credit support for the economy despite global uncertainty caused by the Middle East conflict.
The Bangko Sentral ng Pilipinas (BSP) expects inflation in April 2026 to climb sharply, forecasting a range of 5.6 percent to 6.4 percent, signaling intensifying price pressures across the economy.
The Asian Development Bank (ADB) on Wednesday lowered its economic growth outlook for developing Asia and the Pacific, warning that ongoing conflict in the Middle East is causing deeper and longer-lasting disruptions than expected.
Philippine Treasury bill yields moved higher at Monday’s auction, as markets adjusted to the Bangko Sentral ng Pilipinas’ shift toward tighter monetary policy amid rising inflation risks.