No Changes to Filipino Monetary Policy After Latest Board Meeting

June 25, 2015

Not only did the Monetary Board leave the 4.0% overnight borrowing rate, 6.0% overnight lending rate and reserve requirements unchanged after its latest policy meeting, but it also released a statement that reiterates virtually identically the points summarized in my review of the prior meeting held on May 14.  Officials at Bangko Sentral ng Pilipinas will next meet on August 13.

Copyright 2015, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.



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