Philippine Central Bank Chief Mulls Rate Pause On Inflation Data

Philippine Central Bank Discusses Outlook For Inflation This Year Philippine central bank governor felipe medalla has signaled that pausing from policy rate increases may be an option when the monetary board meets in may, after inflation eased last month. The bangko sentral ng pilipinas chief said there’s a bigger chance for a rate cut during the april 10 meeting, and favorable inflation data for march will push monetary authorities more.

We Ve Done Almost Enough To Manage Inflation Philippine Central Bank Manila — the philippines central bank kept its benchmark interest rate steady on thursday, as expected, and signaled a continued pause in policy tightening for the next two to three meetings, after lowering inflation forecasts for this year and next. The philippine central bank could pause interest rate hikes at its monetary policy meeting this week, its governor said on monday, after inflation in april eased for a third straight month. As early as may, the central bank chief had telegraphed the potential of lowering the benchmark rate from a 17 year high of 6.5% this month, citing easing price risks. but latest data show that inflation in july accelerated to a nine month high and breached the 2% 4% target range.

Philippine Central Bank Chief Mulls Rate Pause On Inflation Data As early as may, the central bank chief had telegraphed the potential of lowering the benchmark rate from a 17 year high of 6.5% this month, citing easing price risks. but latest data show that inflation in july accelerated to a nine month high and breached the 2% 4% target range.

Philippines Central Bank Inflation May Rise

Philippine Central Bank Signals Pause In Tightening Cycle As Inflation
Comments are closed.