BSP hints at pause in next interest rate meeting

  • last year
BSP hints at pause in next interest rate meeting
Transcript
00:00 The Banco Central ng Pilipinas reported there is a good chance the monetary board would keep the interest rates unchanged in the next rate meeting.
00:08 The BSP raised its key policy rates by a total of 450 basis points since May last year as it escalated its battle against inflation and to stabilize the peso.
00:20 The agency added inflation will likely ease in October after advancing for two straight months to 5.3% in August and 6.1% in September.

Recommended