Economic news

Philippines cbank ready to take policy actions to battle inflation

2022.11.04 01:13

[ad_1]


© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco

MANILA (Reuters) – The Philippines’ central bank said on Friday it is prepared to take all further monetary policy actions necessary to bring inflation back to the target path.

Risks to inflation outlook appear to be tilted to the upside for 2022 and 2023, and broadly balanced for 2024, the Bangko Sentral ng Pilipinas said in a statement, after the country’s statistics agency announced that October inflation hit a near 14-year high.

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,401.83 0.04%
ethereum
Ethereum (ETH) $ 2,793.64 3.99%
xrp
XRP (XRP) $ 2.57 0.52%
tether
Tether (USDT) $ 1.00 0.03%
bnb
BNB (BNB) $ 667.22 1.69%
solana
Solana (SOL) $ 171.31 0.08%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.245255 0.61%
cardano
Cardano (ADA) $ 0.775535 1.27%
staked-ether
Lido Staked Ether (STETH) $ 2,786.06 3.78%
tron
TRON (TRX) $ 0.242418 1.97%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,184.77 0.01%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,296.25 2.66%
chainlink
Chainlink (LINK) $ 17.90 2.49%
avalanche-2
Avalanche (AVAX) $ 25.63 3.01%
sui
Sui (SUI) $ 3.38 1.19%
stellar
Stellar (XLM) $ 0.332996 1.59%
litecoin
Litecoin (LTC) $ 127.18 1.79%
the-open-network
Toncoin (TON) $ 3.76 3.90%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 2.91%
leo-token
LEO Token (LEO) $ 9.73 0.05%
hedera-hashgraph
Hedera (HBAR) $ 0.213781 0.88%
mantra-dao
MANTRA (OM) $ 8.65 15.19%
usds
USDS (USDS) $ 1.00 0.02%
hyperliquid
Hyperliquid (HYPE) $ 24.21 2.15%
weth
WETH (WETH) $ 2,793.56 3.98%
polkadot
Polkadot (DOT) $ 5.06 0.74%
bitcoin-cash
Bitcoin Cash (BCH) $ 329.30 3.69%
bitget-token
Bitget Token (BGB) $ 5.13 2.29%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.18%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,960.08 3.91%
uniswap
Uniswap (UNI) $ 9.07 3.16%
monero
Monero (XMR) $ 236.44 1.90%
near
NEAR Protocol (NEAR) $ 3.46 1.79%
pepe
Pepe (PEPE) $ 0.00001 4.21%
whitebit
WhiteBIT Coin (WBT) $ 27.46 0.36%
aave
Aave (AAVE) $ 248.42 1.95%
bittensor
Bittensor (TAO) $ 432.64 0.80%
ondo-finance
Ondo (ONDO) $ 1.14 0.36%
aptos
Aptos (APT) $ 6.10 1.44%
internet-computer
Internet Computer (ICP) $ 7.18 1.69%
dai
Dai (DAI) $ 0.99966 0.03%
official-trump
Official Trump (TRUMP) $ 16.30 1.40%
ethereum-classic
Ethereum Classic (ETC) $ 20.71 1.83%
mantle
Mantle (MNT) $ 0.915948 0.93%
tokenize-xchange
Tokenize Xchange (TKX) $ 38.06 2.90%
okb
OKB (OKB) $ 49.49 0.85%
gatechain-token
Gate (GT) $ 23.41 1.39%
susds
sUSDS (SUSDS) $ 1.04 0.09%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,372.82 0.03%