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Governor and Monetary Board Chairman Eli Remolona Jr.

Latest Daily Tribune news and analysis on Governor and Monetary Board Chairman Eli Remolona Jr..

  1. BANGKO Sentral ng Pilipinas Governor Eli M. Remolona Jr.’s optimism that growth and economic activity would most likely rebound early next year is based on his expectation that government and public infrastructure spending will eventually ramp up after experiencing major delays. A core pillar of his outlook is the assumption that high inflation will eventually moderate, helping restore purchasing power and economic activity. The BSP raised its benchmark interest rate by 50 basis points to 5.50 percent on Thursday, 22 October 2026.

    Remolona pushes GDP recovery to Q1 2027

    Citing expected recovery in Philippine economic activity as a key consideration in the Bangko Sentral ng Pilipinas’ decision Thursday last week to deliver a…

    2 MIN READ

  2. FEDERAL Reserve chair Kevin Warsh (left) said inflation remained too elevated due to the Middle East conflict, prompting the Fed to hike rates for the first time in three years, for reasons similar to those cited by Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. for the BSP’s three rate hikes this year.

    Fed hike narrows gap with BSP policy rate

    US Federal Reserve Chair Kevin Warsh justified the interest rate hike — the first since 2023 — saying inflation is too high and had persisted for too long,…

    3 MIN READ

  3. BSP Governor Eli Remolona

    How consumption culture affects the peso

    Governor Remolona was not talking about the Filipino on the street but rather the Filipino as an aggregate representation of the country’s consumers and firms.

    4 MIN READ

  7. HANZ Japzon Salazar

    Passing of former woman governor mourned

    Eastern Samar is mourning the passing of former Governor Clotilde Japzon Salazar, the province’s first female governor, remembered for her decades of public…

    1 MIN READ

  10. BANGKO Sentral ng Pilipinas Governor Eli M. Remolona Jr. speaks at a surprise press conference on Thursday, 26 March.

    BSP holds rates as oil shocks persist

    The Monetary Board has decided to maintain the target reverse repurchase rate at 4.25 percent, with BSP Governor Eli M. Remolona Jr. noting that monetary…

    3 MIN READ