Dovish Diokno to keep rates low ‘for many quarters to come’

"Жизнь такова, какой мы по своему нашему характеру хотим ее видеть. Мы сами придаем ей форму, как улитка своей раковине." Жюль Ренар ZMEY
Время на прочтение: < 1 минуты

Dovish Diokno to keep rates low ‘for many quarters to come’ MANILA, Philippines — Faster inflation for the past 3 months is not convincing the Bangko Sentral ng Pilipinas (BSP) to reverse course from last year’s aggressive monetary easing that brought record amounts of liquidity to the financial system but risks stoking prices. “We intend to keep this accommodative monetary policy for long. So interest rates, I think, will be around this level which is around 2% for many quarters to come,” BSP Governor Benjamin Diokno said in an interview with ABS-CBN News Channel. The central bank chief made …

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