BusinessWorld E-paper
February 21, 2022
THE BANGKO SENTRAL ng Pilipinas (BSP) may start normalizing policy rates towards the second half of this year as it expects the economy’s output gap to close, a central bank official said.
“Our estimate is that the output gap could close in the second half of this year, and then it will turn positive thereafter,” Deputy Governor Francisco G. Dakila, Jr. said at a Thursday briefing.
