AsianInvesterAsianInvester
Advertisement

Philippines rate hikes to be “data driven”, says incoming central banker

At a recent media conference, incoming Bangko Sentral ng Pilipinas (BSP) governor, Felipe Medalla, stressed the bank’s focus on stabilising inflation, and does not rule out more aggressive policy tightening.
Philippines rate hikes to be “data driven”, says incoming central banker
A version of this article was first published on FinanceAsia. The BSP will continue to be a “credible, inflation-targetting central bank”, with future rate hikes to be discussed regularly, its new governor has said. Addressing international media at a press conference in the week of his inauguration, Medalla told reporters that he “cannot rule out” rate hikes at every upcoming monetary board policy meeting this year, as some analysts have speculated. However, he stressed the ban…
Become an AsianInvestor Member
This article is available to members only. Become a member for unlimited access to all AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.
Advertisement