The decision by the central bank of the Philippines (BSP) to keep its main policy rate on hold at 4.0% came as no surprise. With growth picking up but inflation low, we doubt the central bank will be in any rush to raise rates. We expect the policy rate to remain on hold this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services