Lee Sue Ann, Economist at UOB Group, expects the Bangko Sentral ng Pilipinas (BSP) to keep the current monetary policy stance at its meeting on Thursday. Key Quotes “BSP Deputy Governor Francisco G. Dakila continud to play down the increasing inflation risks, saying near-term inflation pressures triggered by supply-side shocks is not a cause for concern.” “It should not require monetary policy response unless they lead to further second round effects.” “Hence, we expect BSP to extend its rate pause until year-end for now.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP Price Analysis: Clings to gains near 2-1/2-week tops on upbeat Eurozone PMIs FX Street 8 months Lee Sue Ann, Economist at UOB Group, expects the Bangko Sentral ng Pilipinas (BSP) to keep the current monetary policy stance at its meeting on Thursday. Key Quotes "BSP Deputy Governor Francisco G. Dakila continud to play down the increasing inflation risks, saying near-term inflation pressures triggered by supply-side shocks is not a cause for concern." "It should not require monetary policy response unless they lead to further second round effects." "Hence, we expect BSP to extend its rate pause until year-end for now." Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
