2026年2月,尽管通货膨胀稳定,但是在经济增长疲软的情况下,经合组织建议英国统计局在2026年2月管理通货膨胀预期和削减通货膨胀率。 The OECD advises the BSP to manage inflation expectations and cut rates in Feb 2026 amid weak growth, despite stable inflation.

经合组织敦促Bangko Sentral ng Pilipinas更好地管理通货膨胀预期,特别是在供应冲击期间,建议以核心通货膨胀为重点,避免在临时暴涨期间提高利率。 The OECD urges the Bangko Sentral ng Pilipinas to better manage inflation expectations, especially during supply shocks, recommending a focus on core inflation and avoiding rate hikes during temporary spikes. 由于头版通货膨胀率在1月份为2%——在2%-4%的目标范围内——预计BSP的政策利率将在2026年2月减少25个基点,达到4.25%,以支持由国内生产总值和需求疲软驱动的缓慢增长。 With headline inflation at 2% in January—within the 2%-4% target—the BSP is expected to cut its policy rate by 25 basis points to 4.25% in February 2026 to support sluggish growth, driven by weak GDP and demand. 中央银行计划每月进行消费者和商业期望调查,以改进预测。 The central bank plans monthly consumer and business expectations surveys to improve forecasting. 然而,由于资金流转薄弱和信贷风险高,利率变化向贷款的传输仍然不完整,促使经合组织提出加强回购市场、扩大信贷数据以及减少准备金需求的建议。 However, incomplete transmission of rate changes to lending persists due to weak funding pass-through and high credit risk, prompting OECD recommendations to strengthen the repo market, expand credit data, and reduce reserve requirements.