Organization: The Philippine central bank is expected to maintain interest rates in April.

Kausani Basak and Sanjay Mathur of the research department of Australia and New Zealand Banking Group (ANZ) stated in a report that the central bank of the Philippines is expected to keep interest rates unchanged in April and emphasized that they will continue to monitor the further impact of rising prices. The central bank of the Philippines raised its inflation forecasts for 2026 and 2027 from 3.6% and 3.2% to 5.1% and 3.8%, respectively. The latest forecast indicates that inflation this year will exceed the upper limit of 4.0%, and then fall back to the target range in 2027. "If prices continue to remain high for a prolonged period and second-round effects become increasingly prominent, a rate hike will be considered," ANZ Bank said.