Philippines central bank to look through inflation spike

The Philippines central bank (BSP) decision to leave rates on hold today, despite this year’s jump in inflation, adds weight to our view that policy will remain on hold throughout 2018. This stands in contrast to the consensus, which is expecting at least two hikes.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.