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Manila Bulletin devider Philippines devider National devider Marcos, BSP chief upbeat on easing inflation, expects economic rebound by 2026

Marcos, BSP chief upbeat on easing inflation, expects economic rebound by 2026

Published Nov 27, 2025 01:38 pm
President Ferdinand 'Bongbong' Marcos Jr. meets with Bangko Sentral ng Pilipinas Governor Eli Remolona in Malacañan on Nov. 26, 2025. (PCO)
President Ferdinand 'Bongbong' Marcos Jr. meets with Bangko Sentral ng Pilipinas Governor Eli Remolona in Malacañan on Nov. 26, 2025. (PCO)
President Marcos expressed confidence that the Philippines is on track for recovery by next year as he met with Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona to discuss the latest monetary policy decision and the country’s economic trajectory.
This came as the administration continues to balance easing inflation, attracting investments, and supporting household spending amid global uncertainty and ongoing corruption investigations.
In the meeting on Wednesday, Nov. 27, the BSP chief reported that headline inflation eased to 1.7 percent, while inflation for the bottom 30 percent of households dropped to –0.4 percent.
The improved inflation environment, he said, allowed the Monetary Board to cut the policy rate to 4.75 percent, a move intended to make borrowing more affordable for families and businesses.
According to Remolona, the adjustment is meant to stimulate demand. He added that the inflation outlook provides enough room to support growth.
“The good news is, the inflation outlook was good enough for the Philippines to be confident about reducing the policy rate,” Malacañang said.
The central bank projects inflation to remain near target levels over the next two years, with forecasts of 3.1 percent in 2026 and 2.8 percent in 2027.
Officials acknowledged that 2025 growth fell short of expectations, but said indicators point to a stronger rebound in 2026, with economic performance expected to realign with government targets by 2027.
President Marcos reaffirmed his commitment to guarding economic stability and ensuring “conditions for sustained, broad-based growth for all Filipinos,” according to the Palace.

Related Tags

President Marcos Bongbong Marcos Eli Remolona Jr. Bangko Sentral ng Pilipinas inflation rate
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