{"id":45364,"date":"2015-03-20T18:09:26","date_gmt":"2015-03-20T10:09:26","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=45364"},"modified":"2015-03-20T18:15:54","modified_gmt":"2015-03-20T10:15:54","slug":"bsp-eyes-at-other-tools-to-counter-external-links","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/03\/20\/bsp-eyes-at-other-tools-to-counter-external-links\/","title":{"rendered":"BSP eyes other tools to counter external links"},"content":{"rendered":"
\"Bangko<\/a>
Bangko Sentral ng Pilipinas (Central Bank of the Philippines). Wikipedia photo<\/figcaption><\/figure>\n

MANILA —\u00a0The Banko Sentral ng Pilipinas is eyeing to deploy other financial tools against external links.<\/p>\n

As investors, in search for better profits, are rebalancing their portfolios, BSP Governor Armando M. Tetangco Jr. said that the central bank is keeping an eye on possible risks to financial stability.<\/p>\n

\u201cBut at the same time, we are also cognizant that policy rate adjustments may not necessarily be the best tool to address any brewing financial stability pressures, especially at a time when the inflation outlook remains well-anchored as it is for the Philippines right now,\u201d Tetangco said in a Philippine Star report.<\/p>\n

\u201cThe BSP will continue to monitor global and domestic developments to assess which of the instruments in our tool kit would be most effective should these pressures become persistent,\u201d he\u00a0added.<\/p>\n

The central bank has maintained a steady policy rates for the third time in February and is set to revisit its policy settings again on March 26.<\/p>\n

Since last month, BSP has maintained a steady overnight borrowing and overnight lending rates owing to the fall of the inflation expectations within target ranges this year and the next.<\/p>\n

\u201cThe negative yields in the short-end of the Eur (euro) curve have pushed investors to the long end of the Eur yield curve, as well as the long-dated bonds of economies with good growth prospects, including the US and EMEs (emerging markets and economies),\u201d Tetangco said.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA —\u00a0The Banko Sentral ng Pilipinas is eyeing to deploy other financial tools against external links. As investors, in search …<\/p>\n","protected":false},"author":44,"featured_media":10675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-45364","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/45364","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=45364"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/45364\/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=45364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=45364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=45364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}