Economic news

Philippines central bank’s policy settings remain accommodative, says governor

2022.10.12 03:21

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© 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’s monetary policy settings remain accommodative, its governor said on Wednesday.

Bangko Sentral ng Pilipinas Governor Felipe Medalla also told a banking forum bringing inflation back to target remains the bank’s “paramount” focus.

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