BusinessWorld E-paper
May 19, 2023
THE BANGKO SENTRAL ng Pilipinas (BSP) paused its aggressive monetary policy tightening campaign, and signaled the policy rate will remain unchanged at its next two to three meetings as inflation continues to ease.
At its policy meeting on Thursday, the Monetary Board kept its benchmark interest rate unchanged at 6.25% as expected by 13 of 18 analysts in a BusinessWorld poll last week.
