Easing Philippine inflation provides monetary policy flexibility —BSP

May 8, 2023 - 2:40 PM
1461
Bangko Sentral ng Pilipinas (Philstar file photo)

The Philippines’ central bank said on Friday that the deceleration of inflation gives it flexibility on monetary policy.

The central bank remains vigilant against potential risks to the inflation outlook, and will undertake follow-through actions as necessary to anchor inflation expectations, it said, ahead of its May 18 rate-setting meeting.

RELATED: Philippine inflation slows for third straight month in April

—Reporting by Neil Jerome Morales; Editing by Martin Petty