The Bangko Sentral ng Pilipinas (BSP) believes that it sees no urgency to change its monetary policy stance, citing the country’s strong macroeconomic fundamentals and benign inflation.
“There’s no urgency for a change in policy coming from that end because inflation continues to be well undercontrol,” BSP Governor Amando Tetangco Jr. said on the sidelines of the 10th Awards Ceremony and Appreciation Lunch for BSP Stakeholders in the National Capital Region.
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