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Philippine central bank Governor Eli Remolona said on November 3 that the BSP is not yet considering rate cuts and remains in a tightening cycle. Inflation is expected to stay high in coming months.
The policy rate was raised to 5.50% on October 22 after a series of 2026 hikes.
Higher Philippine rates and sticky inflation weigh on domestic credit and import demand for feed inputs, with a modest effect on the peso and local feed costs. The impact on global feed commodity prices is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.