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Philippine central bank to continue supporting economic recovery despite rate hikes

by Aurelia Butler 2 August 2022, 05:41 189 Views

Current policy rates remain accommodative, Bangko Sentral ng Pilipinas Governor Felipe Medalla told a business forum.

Policymakers will meet on August 18 to adjust its reverse repurchase facility rate that is currently at 3.25%.

Source: Economy - investing.com

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Philippine central bank to continue supporting economic recovery despite rate hikes

What market optimism misses

Australia's central bank hikes rates, says policy not on pre-set path

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