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February 2024
Monetary Policy Report
Report highlights


Related links:
Press release
 Full report
Visual summary - English
Visual summary - Filipino
Visual summary - Cebuano
Visual summary - Ilokano

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The Monetary Policy Report (MPR) serves as the flagship BSP publication on monetary policy. The MPR provides the public a detailed view of the BSP's inflation forecast and guidance on the likely direction of monetary policy over the near term.

Monetary policy highlights - February 2024
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The BSP kept the target reverse repurchase rate at 6.50%
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The latest risk-adjusted inflation forecast for 2024 eased to 3.9 percent from 4.2 percent in the previous meeting in November 2023.
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The country's growth momentum remains intact over the medium term.
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Economic activity could moderate in the near term as the full impact of the BSP's prior monetary policy tightening continues to manifest.
In Summary
English Filipino Cebuano Ilokano
Video: Media Briefing


Related links:
Press release
 Full report
Visual summary - English
Visual summary - Filipino Visual summary - Cebuano
Visual summary - Ilokano Archives