BSP says inflation expectations well-anchored

Published by rudy Date posted on June 13, 2013

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

January – ZERO WASTE MONTH

“Stop wasting our money.
Stop corruption!”

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
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

January

 

24 Jan – International Day of Education

26 Jan – International Day of Clean Energy

 

Monthly Observances:

 

National Microinsurance Month 

Zero Waste Month

 

Weekly Observances:

Week 1: National Time Consciousness Week

Week 3: National Mental Health Week 

Last Week: Children’s Week


Daily Observances:

January 6: Community Development Day 

Third Sunday: Children’s Day 
Day of Sanctity and Protection of Human Life

 

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