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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
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
webinar-thumb-1108
Estate Planning: Building a Legacy for the Future 
November 8, 2022
Webinar-mobile-desktop-267x320-1
Outlook 2022: Recover. Restart. Rebalance.
March 31, 2022
View All Webinars
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grocery-shopping-cart-as
Economic Updates
November 2023 Updates: Upward tilt of inflation still a possibility 
November 22, 2023 DOWNLOAD
Commuters-aa
Economic Updates
3Q 2023 PH GDP Report: Upward bias for full-year GDP forecast
November 10, 2023 DOWNLOAD
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Rates & Bonds 1 MIN READ

BSP chief says no off-cycle policy action at Thursday meeting

July 21, 2022By Reuters
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MANILA, July 21 (Reuters) – The Philippine central bank was not considering another off-cycle policy action at a regular meeting of its policymaking Monetary Board on Thursday, Governor Felipe Medalla told Reuters.

When asked if the Bangko Sentral ng Pilipinas (BSP) was considering any policy action, Medalla replied “no” via a phone message. The BSP raised key interest rates by a hefty 75 basis points a week ago, making a surprise, more forceful move to curb inflation.

(Reporting by Karen Lema; Editing by Kanupriya Kapoor)

This article originally appeared on reuters.com

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