Inflation moving above the Bangko Sentral ng Pilipinas’ three percent target is more worrying than undershooting it, as headline inflation edged higher in January following steep declines last year, according to BSPGovernor Eli Remolona Jr.
THE Bangko Sentral ng Pilipinas (BSP) is moving to limit how far rural banks can expand through digital channels, proposing a cap on customers located outside their physical areas of operation.
UPSIDE price risks remain a concern, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr ... Remolona reiterated the BSP position that the outlook for inflation remained benign and that expectations were well anchored.
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