![PH central bank keeps_0516](https://firstmetro.com.ph/wp-content/uploads/2024/05/PH-central-bank-keeps_0516.jpg)
- Philippine Central Bank key rate was unchanged as economists expected.
- Key rate was unchanged at 6.500% (estimate 6.500%)
** All 26 economists in Bloomberg’s survey expected 6.500% - Overnight deposit rate was unchanged at 6% (estimate 6.000%)
** All 8 economists in Bloomberg’s survey expected 6.000%