Section

BSP keeps tight monetary policy on hotter March inflation

By Inquirer - 8 months ago
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Thursday extended its pause on any rate adjustments as inflation has yet to show a more convincing downtrend that would prompt an easing action. At its meeting, the powerful Monetary Board left the target reverse repurchase rate untouched at 6.5 percent, the highest in almost

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.