Philippines Central Bank Maintains Key Interest Rate at 3%

Manila | 14th December 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 outlook for the inflation environment has been broadly unchanged. This is indicated by the latest baseline forecasts remaining within the target range of 3.0 percent ± 1 percentage point for 2018-2019. Inflation expectations also continue to be firmly anchored to the target over the policy horizon.

Source: Bangko Sentral ng Pilipinas

Join the Rise of Asia.  Share a Story, Article or Photo here.  For Press Release, visit here.

About The Wealth Times

The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people.

Where should you invest your capital for the next decade?  Which are the fastest growing companies in Asia?  Which is the most exciting sector to be in?  Which are the top cities to be in?  Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?