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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
economy-ss-8
Inflation Update: Weak demand softens shocks
July 4, 2025 DOWNLOAD
948 x 535 px AdobeStock_433552847
Economic Updates
Monthly Economic Update: Fed cuts incoming   
June 30, 2025 DOWNLOAD
equities-3may23-2
Consensus Pricing
Consensus Pricing – June 2025
June 25, 2025 DOWNLOAD
View all Reports
BusinessWorld 1 MIN READ

Philippine central bank says too early to declare victory against inflation

March 7, 2024By BusinessWorld
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Philippine central bank Governor Eli Remolona said on Wednesday it was too soon to declare victory against inflation.

Annual inflation quickened to 3.4% in February from 2.8% the previous month reflecting higher food and transport costs.

The central bank, which last month kept its benchmark rate steady at 6.50% for a third straight meeting, will review policy settings on April 4.

Mr. Remolona told a regular briefing the central bank could not say yet that it could cut interest rates soon given upside risks to inflation like higher rice prices.

But he also said it was unlikely the central bank will tighten rates some more. — Reuters

This article originally appeared on bworldonline.com

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