Monetary Board needs to add ‘proactive’ to its vocabulary

By Ben Kritz

Apr 10, 2018 12:20 am

Ben D. Kritz

THE Monetary Board, the policy-setting body of the Bangko Sentral ng Pilipinas, extended its hands-off policy on interest rates to 22 months at its last meeting on March 22, defying a few expectations and drawing sighs of relief from the local stock market.

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