• The Philippine central bank is expected to leave its key rate unchanged on Thursday and stay on an extended pause as it closely watches inflation and the peso which both appear on steadier footing.
• Twenty-three of 24 analysts in a Bloomberg survey see the Bangko Sentral ng Pilipinas keeping its target rate at 6.5% during its last policy-setting meeting of the year, with one expecting a quarter-point hike to 6.75%.
• Inflation, which exceeded the central bank’s 2%-4% target for 20 months due to costlier food and energy and aggravated by a weak peso, may finally slow to within the BSP’s goal in December, according to Remolona.
• The peso has fared better than the baht, rupiah and the ringgit in the past three months.