BIZ BUZZ: First MB meeting for 2025 moved
Heads up! The first policy meeting of the Monetary Board (MB) for this year will be held earlier than expected.
The Bangko Sentral ng Pilipinas (BSP) said the next rate-setting meeting of the MB would happen on Feb. 13, instead of Feb. 20.
Accordingly, the press briefing on the BSP’s monetary policy decision will be held on Feb. 13 at 3 p.m.
The adjustment was prompted by Governor Eli Remolona Jr.’s upcoming attendance to the Financial Action Task Force Plenary and Working Group Meetings in Paris, France, from Feb 17 to Feb. 20.
Will the next MB decision—which is widely expected to be another quarter point cut to the key rate—be succeeded by an announcement of a potential delisting of the Philippines from the global dirty money watchdog’s “grey list”?
Abangan!
