{"id":41579,"date":"2015-02-10T13:31:28","date_gmt":"2015-02-10T05:31:28","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=41579"},"modified":"2015-02-10T13:31:28","modified_gmt":"2015-02-10T05:31:28","slug":"singapore-based-bank-expects-bsp-to-retain-monetary-stance","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/02\/10\/singapore-based-bank-expects-bsp-to-retain-monetary-stance\/","title":{"rendered":"Singapore-based bank expects BSP to retain monetary stance"},"content":{"rendered":"<figure id=\"attachment_10675\" aria-describedby=\"caption-attachment-10675\" style=\"width: 468px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/bangko-sentral-ng-pilipinas.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10675\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/bangko-sentral-ng-pilipinas.jpeg\" alt=\"Bangko Sentral ng Pilipinas (Central Bank of the Philippines). Wikipedia photo\" width=\"468\" height=\"351\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/bangko-sentral-ng-pilipinas.jpeg 468w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/bangko-sentral-ng-pilipinas-300x225.jpeg 300w\" sizes=\"auto, (max-width: 468px) 100vw, 468px\" \/><\/a><figcaption id=\"caption-attachment-10675\" class=\"wp-caption-text\">Bangko Sentral ng Pilipinas (Central Bank of the Philippines). Wikipedia photo<\/figcaption><\/figure>\n<p>MANILA, Philippines \u2013 DBS Bank expects the Bangko Sentral ng Pilipinasn (BSP) to leave policy settings unchanged.<\/p>\n<p>\u201cThe Bangko Sentral ng Pilipinas is likely to maintain its monetary policy stance this week\u2026 At this juncture, we reckon that the central bank is quite comfortable with the current GDP (gross domestic product) growth and CPI (consumer price index) inflation dynamics,\u201d The Singapore based financial institution said on Thursday, in its research note.<\/p>\n<p>DBS noted that the country\u2019s healthy economic growth \u2013 up to 6.9 percent in the last quarter of 2014 compared with 5.3 percent of the previous quarter \u2013 indicates that the BSP need not worry about domestic consumption.<\/p>\n<p>\u201cPrivate consumption remains resilient and there is no reason why the BSP should be worried on this front,\u201d DBS said.<\/p>\n<p>\u201cIndeed, we remain of the view that the central bank may actually prefer to tighten its policy further in the coming sessions,\u201d it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, Philippines \u2013 DBS Bank expects the Bangko Sentral ng Pilipinasn (BSP) to leave policy settings unchanged. \u201cThe Bangko Sentral &hellip;<\/p>\n","protected":false},"author":44,"featured_media":10675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,19],"tags":[],"class_list":["post-41579","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-business","mauthors-angie-duarte","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/41579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=41579"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/41579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/10675"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=41579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=41579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=41579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}