Insights 
INVESTMENT STRATEGY
THE BASICS
Downloads
DOWNLOAD
DOWNLOAD
DOWNLOAD
View all Reports
Economic Updates
Monthly Economic Update: Back-to-back cuts
DOWNLOAD
Reports
Back-to-back cuts: BSP follows Fed action
DOWNLOAD
Economic Updates
Inflation settles at 2.5% despite food-price uptick
DOWNLOAD
Follow us on our platforms.
Economy
1 MIN READ
Philippine c.bank says growth priority, but ready to act on inflation
March 10, 2022
By Reuters
By Reuters
MANILA, March 10 (Reuters) – The Philippine central bank is focused on preserving monetary policy support, since sustaining economic recovery remains its priority, but is also ready to take measures to tackle inflationary pressures, its governor said on Thursday.
Bangko Sentral ng Pilipinas “stands ready to respond to potential second-round effects arising from elevated inflation pressures that can disanchor inflation expectations,” Governor Benjamin Diokno said in a statement. The central bank holds its next monetary policy meeting on March 24.
(Reporting by Neil Jerome Morales and Enrico Dela Cruz
Editing by Ed Davies)
This article originally appeared on reuters.com