The Philippine central bank will focus on inflation rather than the Federal Reserve’s recent policy action when it meets on Feb. 16 to review key interest rates, its governor said. | Reuters
FILE PHOTO: Bangko Sentral ng Pilipinas Governor Felipe Medalla poses for a photograph in his office at Manila, Philippines, November 18, 2022. REUTERS/Eloisa Lopez
The Philippine central bank will focus on inflation rather than the Federal Reserve’s recent policy action when it meets on Feb. 16 to review key interest rates, its governor said on Saturday. “Next meeting will focus on inflationary expectations in PH, not the Fed’s 25 bps rate increase,” Bangko Sentral ng Pilipinas Governor Felipe Medalla told reporters in a phone message.Philippine inflation was likely to be within a range of 7.5% to 8.3% in January, the central bank said on Tuesday, following the 8.1% rate in December, which was a 14-year high. The statistics agency will release inflation data on Feb. 7.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Philippine debt stock down to P13.42T at end-2022The Philippine national government’s debt stock eased to P13.42 trillion as of Dec. 31 from P13.64 trillion on Nov. 30, thanks partly to the appreciation of the peso against the US dollar, according to the Bureau of the Treasury. | RonWDomingoINQ /PDI
Baca lebih lajut »
Philippine gov’t debt trimmed by 1.7% to P13.42T as of end-2022The Philippine government closed the year 2022 with a trimmed running debt balance, thanks to a stronger peso and repayment of maturing obligations in December last year, data from the Bureau of the Treasury (BTr) on Thursday showed.
Baca lebih lajut »
Feast of Saint Blasé on Feb. 3Persons suffering from diseases of the throat are encouraged to seek the intercession of Saint Blasé on Friday, Feb. 3, as the Roman Catholic Church marks the feast of the patron saint of people suffering from health problems involving the throat.
Baca lebih lajut »
Cashless transaction for business, transport groups in Lapu to be launched on Feb 17LAPU-LAPU CITY, Philippines -- The Lapu-Lapu City Government will introduce cashless transactions to the city&039;s establishments and transport groups on February 17, 2023. The Paleng-QR PH
Baca lebih lajut »
US Defense chief’s Philippine visit ‘escalates regional tension,’ Chinese embassy saysThe Chinese Embassy in Manila has called out US Defense Secretary Lloyd Austin’s visit and activities in the Philippines by saying such actions “escalate regional tension and undermine regional peace and stability.”
Baca lebih lajut »
Restrained consumption seen holding back Philippine growth this year - BusinessWorld OnlineECONOMIC GROWTH is expected to moderate this year with inflation serving as a dampener on consumption, Standard Chartered Bank said on Tuesday. “There are a few headwinds on consumption front. Elevated inflation may continue to dampen (growth). Even though household consumption has been a key driver of growth, the contribution from food and beverages is […]
Baca lebih lajut »