MANILA – The governor of the Philippine central bank said on Thursday that inflation expectations were well anchored and that it would monitor foreign exchange markets to ensure price moves were not excessive.
“Inflation expectations continue to be well anchored. Underlying fundamentals remain sound,” Amando Tetangco said in an telephone text message to reporters ahead of the central bank’s policy meeting on Thursday.
“Therefore, we continue to be watchful of market conduct, including price movements in the FX market to ensure these are not excessive and that these remain consistent with overall price and financial stability objective.”
The Philippine central bank is expected to keep its policy rate steady at 3.5 percent for a fifth meeting in a row, but six of 13 analysts polled by Reuters see a possible cut in the special deposit account (SDA) rate to help ease pressure on its balance sheet. –Reuters
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
