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Home Investing News

BSP chief: Ready for adjustments, policy supportive of growth

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July 26, 2022
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REUTERS

MANILA – The Philippine central bank stands ready for further policy adjustments and its current monetary settings remain supportive of economic growth, Governor Felipe Medalla said on Tuesday.

Medalla, speaking at a forum on President Ferdinand Marcos Jr’s policy agenda, also said the domestic economy can absorb increases in policy interest rate. – Reuters

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