
MANILA – The Philippine central bank stands ready for further policy adjustments and its current monetary settings remain supportive of economic growth, Governor Felipe Medalla said on Tuesday.
Medalla, speaking at a forum on President Ferdinand Marcos Jr’s policy agenda, also said the domestic economy can absorb increases in policy interest rate. — Reuters
More Stories
Q2 growth slows amid rising inflation
June trade gap widens to record $5.8 billion
PHL debt now at 62.1% of GDP