Philippines Central Bank Maintains Key Interest Rate at 3%
Manila | 21st September 2017
Philippines’ central bank, Bangko Sentral ng Pilipinas, maintained key interest rate at 3%. The Monetary Board’s decision is based on its assessment that the inflation environment remains manageable.
” PHILIPPINES’ CENTRAL BANK MAINTAINED KEY INTEREST RATE AT 3% “
Latest forecasts show the future inflation path will continue to be within the target range for 2017-2019. Meanwhile, inflation expectations remain firmly anchored close to the midpoint of the Government’s 3 percent ± 1 percentage point target over the policy horizon.
Source: Bangko Sentral ng Pilipinas
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