Policy reversal unlikely

Policy reversal unlikely – Guinigundo

Feb 04, 2019 12:13 am

Monetary policy easing isn’t on the table as inflation remains higher than target, a senior Bangko Sentral ng Pilipinas (BSP) official indicated on Friday.

“You don’t immediately reverse course,” central bank Deputy Governor Diwa Guinigundo told reporters in response to a question whether a rate hike cut could be announced this Thursday.

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