Asian central banks hold rates

Philippines, Indonesia, Taiwan and Hong Kong stay put

asia-globe-map

The central banks of the Philippines, Indonesia, Taiwan and Hong Kong kept their benchmark interest rates steady today (September 21), following the Federal Reserve’s decision to keep its policy rate unchanged at 5.25–5.5%.

Philippines: The Central Bank of the Philippines (BSP) kept its benchmark interest rates unchanged for the fourth straight meeting, though governor Eli Remolona warned that inflation could rise further.

The BSP’s six-member monetary board kept the target reverse repurchase

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.