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MODEL PORTFOLIO THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
investment-ss-3
Reports
Policy rate views: Fed expected to do baby steps
September 18, 2025 DOWNLOAD
economy-ss-9
Economic Updates
Inflation Update: Faster but full-year average within target
September 5, 2025 DOWNLOAD
948 x 535 px AdobeStock_433552847
Reports
Monthly Economic Update: Waiting on Jay Powell
September 2, 2025 DOWNLOAD
View all Reports
Economy 1 MIN READ

Medalla flags more rate hikes to tame inflation — Bloomberg TV

December 16, 2022By BusinessWorld
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Bangko Sentral ng Pilipinas (BSP) will likely have to continue raising rates at its next two meetings to ensure inflation returns to within its 2-4% target range next year, its governor said on Friday.

BSP Governor Felipe M. Medalla said the likelihood that the central bank will not increase its policy rates at its next meetings was “extremely low.”

The central bank expects inflation, currently running at 14-year high of 8%, to be back to the 2-4% range in the second half of next year. “We have to do more to make sure that happens,” Mr. Medalla told Bloomberg TV.

The central bank on Thursday raised its overnight reverse repurchase facility rate to 5.50%, its seventh rate hike this year. It meets every six weeks. — Reuters

This article originally appeared on bworldonline.com

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