The Bangko Sentral ng Pilipinas, which does not target a peso-US dollar level, said it could remain above the P55 level until next year and possibly in 2024.
In its latest November Monetary Policy Report (MPR), released on the day the Monetary Board raised the policy rate anew by 75 basis points (
Bangko Sentral ng Pilipinas Governor Felipe M. Medalla admitted there are significant downside risks to Philippine growth in 2023, but stressed that there is no threat of a recession.
“The question is not a recession but the extent to which growth will decline,” said Medalla in an interview with C
04.11.2022 The Monetary Policy Committee (MPC) hiked the Bank Rate by 75 basis points (bps) to 3.00% - the first 75 bps hike by the Bank of England (BoE) in 33 years, but in line with ours and market expectations.
Bank Of England: Bank Rate Increased To 3% - November 2022 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.
Bank of England hike: It was the labour market worried them forexlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexlive.com Daily Mail and Mail on Sunday newspapers.