Philippines rate hikes to be “data driven”, says incoming central banker

At a recent media conference, incoming Bangko Sentral ng Pilipinas (BSP) governor, Felipe Medalla, stressed the bank’s focus on stabilising inflation, and does not rule out more aggressive policy tightening.
July 12, 2022

The BSP will continue to be a “credible, inflation-targetting central bank”, with future rate hikes to be discussed regularly, its new governor has said.

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