Bangko Sentral ng Pilipinas Governor Felipe Medalla on Friday said the next monetary rate adjustment will partly depend on the outcome of the inflation rate this February. At the sidelines of BSP&#…
Bangko Sentral ng Pilipinas Governor Felipe Medalla on Friday said the next monetary rate adjustment will partly depend on the outcome of the inflation rate this February.
Finance Secretary Benjamin Diokno, who attended the BSP event, expects inflation to be lower in February, but admitted that prices of some goods remain a challenge. This, he noted, made the BSP an independent organization from the national government and has remained so all these decades.
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