00:00 Banco Central ng Pilipinas or BSP Governor Eli Remolona Jr. hinted the Monetary Board may possibly increase the off-cycle rate by Thursday, October 26 or next week.
00:12 This if inflation will continue to spike.
00:15 The BSP will continue to lean more towards tightening policies for longer periods of time to be able to curb high inflation.
00:24 BSP Deputy Governor Francisco Daquila Jr. says the central bank is continuously monitoring the inflation situation and will only ease monetary policies once it has returned to normal levels.
00:37 "If the data says inflation will go up very significantly and there's a risk of affecting inflationary expectations, then we may go for an off-cycle hike."
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