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BusinessWorld April 23, 2021 | 12:32 am The consumer price index rose 4.5% last month, slower than the 4.7% in February but beyond the central bank’s 2-4% target. — PHILIPPINE STAR/ MICHAEL VARCAS THE Bangko Sentral ng Pilipinas’ (BSP) accommodative monetary policy stance remains appropriate to support the economy’s recovery, officials said, vowing to keep a close eye on inflation. “Looking ahead, the BSP will continue to look closely in the near term for signs of inflation becoming broader based in order to safeguard the public’s inflation expectations,” BSP Governor Benjamin E. Diokno said at a virtual briefing. “The overall stance of monetary policy will remain oriented towards preserving ongoing policy support and helping to ensure the sustainability of economic recovery, while also guarding against emerging threats to the BSP’s price and financial stability objectives,” he added.

Zenor abenojaBangko sentralBenjamine dioknoFranciscog dakilaLuz wendyDepartment of economic research seniorGovernor franciscoEconomic research senior director zenoMonetary boardலஸ் வெண்டிகவர்னர் பிரான்சிஸ்கோபண பலகை