BusinessWorld E-paper
December 15, 2023
THE BANGKO SENTRAL ng Pilipinas (BSP) left its key rate unchanged at 6.5% for a second straight meeting on Thurs- day but signaled a “tighter-for-longer” policy until inflation expectations have become more firmly anchored.
At its last policy meeting for the year, the Monetary Board maintained its target reverse repurchase rate at a 16-year high of 6.5%, as expected by 15 economists in a BusinessWorld poll last week.
