MANILA, July 26 (Xinhua) — The Philippine central bank on Tuesday ruled out off-cycle monetary policy rate move.
“One thing I can say is you can surprise people only once, so there will be no more off-cycle (monetary policy move),” Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla told an economic forum.
As to how many more rate hikes before the end of the year, Medalla said, “that will be very d