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BSP. The Bangko Sentral ng Pilipinas headquarters in Quezon City on May 31, 2023.

Jire Carreon/Rappler

The Bangko Sentral ng Pilipinas forecast is that the average inflation rate will settle at around 6.4% in 2026

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Thursday, June 18, raised key interest rates to 4.75% as global oil and fertilizer prices remain elevated.