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  • 2 years ago
BSP: 2 policy rate hikes may be implemented before year-end
Transcript
00:00 Banco Central ng Pilipinas or BSP Governor Eli Remolona Jr. says the expected November
00:06 16 rate hike may not be the last one for the year.
00:11 This due to emerging supply shocks to inflation.
00:14 Thus, if the situation does not improve significantly, a second rate hike might be needed on December
00:21 14.
00:22 This is because the Monetary Board will have its last policy rate meeting on the said date.
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