BusinessWorld E-paper
December 17, 2024
THE BANGKO SENTRAL ng Pilipinas’ (BSP) policy path is skewed towards easing, but the pace of cuts should be carefully considered, an official said.
“In the case of the central bank, we’ve actually had two meetings where the Monetary Board has relaxed the policy stance. The messaging is that while the general direction is still for relaxation, the pacing has to be considered very carefully,” BSP Deputy Governor Francisco G. Dakila, Jr. said at the ASEAN+3 Economic Cooperation and Financial Stability Forum.
