Based on the recent charts he reviewed, Medalla said inflation expectations are building up and that sectors that have very little inputs, such as services, have become expensive.

Source: https://businessmirror.com.ph/2023/01/11/bsp-higher-interest-ratesto-keep-inflation-in-check/

In an interview with Bloomberg on the sidelines of the World Bank-IMF Spring meetings in Washington, BSP Governor Felipe M. Medalla said cutting key policy rates would require more than just “one observation point.”

Source: https://businessmirror.com.ph/2023/04/12/rate-cuts-require-multiple-vistas-bsp-chief/

In an interview with the BusinessMirror, BSP Governor Felipe M. Medalla said the Philippines is committed to transition to renewables and would still need support in this regard.

Source: https://businessmirror.com.ph/2023/05/05/phl-must-reckon-with-nuclear-issue/

Medalla also said that Soleil Capitale has no record of such document or any correspondence with regard to the certification and that Astavakra is not aware of the bank certification.

Source: https://balita.com/pagcor-auditor-under-fire-for-spurious-credentials/

Medalla has made it clear that small electronic transactions not exceeding P200 to P500 must not be charged any fees.

Source: https://businessmirror.com.ph/2023/06/20/bsp-bap-near-accord-on-lower-costs-of-e-payments/

Significantly, Medalla made his comments on the sidelines of the Association of Southeast Asian Nations forum in Bali, Indonesia.

Source: https://www.forbes.com/sites/williampesek/2023/03/30/signals-from-philippines-bode-well-for-asia-amid-banking-crisis/

The BSP’s first policy meeting of 2023 is scheduled for February 16th, and Medalla has already signaled that more rate hikes are likely to be implemented to bring inflation to the 2-4% target range.

Source: https://metrocebu.news/govt-expects-inflation-rate-to-drop-below-2-by-2024/?utm_source=rss&utm_medium=rss&utm_campaign=govt-expects-inflation-rate-to-drop-below-2-by-2024

“We believe that a credible yield curve must arise from active trading of marketable securities, provide yields for various tenors, make these yields usable to all parties, and can be replicated as needed,” Medalla explained.

Source: https://businessmirror.com.ph/2023/06/22/phl-creates-overnight-rate-as-libor-era-ends/