He Bsp Has Various Tools Aimed To Deal With Any Short Term Volatility And Possible Tightening Of Financial Conditions These Include The Flexile Exchange Rate System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BSP Governor Benjamin Diokno MANILA - The Bangko Sentral ng Pilipinas (BSP) does not need to mirror the Federal Reserve's decision to hike its key rates, and its policy decision remains data-driven and anchored on domestic developments. "I would like to reiterate that the BSP calibrates its monetary policy settings in response to external developments only to the extent that it will influence the outlook for growth and inflation," BSP Governor Benjamin Diokno said in a virtual briefing aired over the central bank's Facebook page on Thursday. The Federal Open Market Committee (FOMC) hiked the Fed's key rates by 0.25 percentage points to between 0.25 to 0.50 percent after its March 15-16 meeting. This is the first rate increase decision since December 2018 and is targeted to address the surging US consumer price index (CPI), which registered its fastest annual rate in the last four decades at 7.9 percent as of February 2022. BSP's policy-making Monetary Board (M ....

Benjamin Diokno , Bangko Sentral , Market Committee , Federal Reserve , Federal Open Market Committee , Monetary Board , Bsp Governor Benjamin Diokno Manila The Bangko Sentral Ng Pilipinas Does Not Need To Mirror Federal Reserve 39s Decision Hike Its Key Rates , Nd Its Policy Decision Remains Data Driven And Anchored On Domestic Developments Quoti Would Like To Reiterate That The Bsp Calibrates Monetary Settings In Response External Only Extent It Will Influence Outlook For Growth Inflation , Uot Bsp Governor Benjamin Diokno Said Ina Virtual Briefing Aired Over The Central Bank 39s Facebook Page On Thursday Federal Open Market Committee Fomc Hiked Fed Key Rates By 0 25 Percentage Points To Between 50 Percent After Its March 15 16 Meeting This Is First Rate Increase Decision Since December 2018 And Targeted Address Surging Us Consumer Price Index Cpi , Hich Registered Its Fastest Annual Rate In The Last Four Decades At 7 9 Percent As Of February 2022 Bsp 39s Policy Making Monetary Board Mb Will Have Setting Meeting On March 24 Diokno , Ho Chairs The Mb , Aid They Will Discuss Their Own Inflation Outlook , Mong Others , Uring The Meeting Aside From Policy Rates , She Said , He Bsp Has Various Tools Aimed To Deal With Any Short Term Volatility And Possible Tightening Of Financial Conditions These Include The Flexile Exchange Rate System , Trong External Buffers , Macroprudential Policy Framework , Nd Liquidity Enhancing And Management Tools Quot Nonetheless , Ur Future Monetary Policy Decision Will Continue To Be Data Driven And Anchored On Evolving Domestic Developments Avoid Unintended Consequences Associated With Protracted Easy Conditions , Uot He Added Pna ,