Philippine cbank has room to further ease policy, governor says
Ramona Turcu
MANILA : The Philippine central bank has room to ease monetary policy, its governor said on Thursday, following this week's data showing annual inflation stayed within its 2 per cent to 4 per cent target range in 2024. "There's still some room to ease," Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said at a Rotary Club event. The Philippines reached its 2 per cent to 4 per cent inflation target for the first time since 2021 last year, even as the pace of consumer price increases
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