Philippine Central Bank Keeps Rate Hike on Table Despite Weak GDP Growth

Philippine Central Bank Keeps Rate Hike on Table Despite Weak GDP Growth

The Philippine central bank is ready to tighten monetary policy further to guide inflation back to target, Governor Eli Remolona said, while adding that there’s less pressure to do so after last quarter’s surprise economic slowdown.

The Philippine central bank is ready to tighten monetary policy further to guide inflation back to target, Governor Eli Remolona said, while adding that there’s less pressure to do so after last quarter’s surprise economic slowdown.
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Bloomberg — Markets (EN)




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