Philippine central bank says inflation to ease gradually, risks remain on upside

BSP says inflation to ease gradually, risks remain on upside

MANILA — The Philippine central bank governor said on Monday that inflation is expected to ease gradually over the medium term even as risks to consumer prices remain on the upside. The central bank is prepared to take whatever steps are necessary to bring inflation back to within its target range, Bangko Sentral ng Pilipinas Governor Eli Remolona told lawmakers […] The post BSP says inflation to ease gradually, risks remain on upside appeared f…

BSP signals further ‘monetary action’ to curb inflation

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is prepared to take “further monetary actions” to rein in lingering inflation and support slumping growth, its Deputy Governor Zeno Abenoja said on Monday, signalling the central bank is unlikely to stand pat amid global uncertainties.  At a congressional briefing, Abenoja said the BSP is vigilant

Philippine central bank says inflation to ease gradually, risks remain on upside

MANILA, Aug 17 (Reuters) - The Philippine central bank ​governor said ‌on Monday that inflation is expected to ease gradually ‌over ​the ⁠medium term ⁠even as risks to consumer prices remain on the ​upside. The central bank is ⁠prepared ⁠to take steps ...