Philippine central bank says will take ‘measured approach’ in easing cycle

MANILA: The Philippine central bank said on Thursday it will continue to take a “measured approach” in its easing cycle to ensure price stability as risks to the inflation outlook have shifted towards the upside for next year and 2026.

Philippines gross foreign reserves rise to $104bn at end-March

Philippine annual inflation was 2.5% in November, the statistics agency said on Thursday, accelerating from 2.3% the previous month.