Governor: Philippines central bank to keep ‘steady hand’ on monetary policy
Philippines central bank to keep watchful eye on uncertainty surrounding advanced economies’ policy prospects
The Central Bank of the Philippines will keep a "steady hand" on policy settings to retain "flexibility" in an environment dominated by uncertainty relating to monetary policy in major advanced economies, the central bank governor said today (June 23).
Relaying the banks latest monetary policy decision, where the monetary board voted to maintain its policy rate at 3%, Amando Tetangco Jr. said inflation expectations remained "broadly consistent" with the target over the policy horizon and the
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