Tag: Espenilla

BSP Governor Espenilla passes away at 60 after battle with cancer

  (Eagle News) — Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr., 60, who had been undergoing cancer treatment for more than a year, passed away on Saturday, Feb. 23. “It is with deep sadness that the Monetary Board (MB) announced that Bangko Sentral ng Pilipinas Governor and Chairman of the Monetary Board Nestor A. Espenilla, Jr. peacefully passed away on 23 February 2019 surrounded by members of his family,” the BSP’s statement said. “The […]

BSP says steady 6.7 percent inflation in October meant “inflation momentum” slowing down

  (Eagle News) – Bangko Sentral ng Pilipinas said that the inflation recorded last October, pegged at 6.7 percent, the same as the previous month, meant that “inflation pressures have started to moderate.” The BSP said that the “month-on-month seasonally-adjusted headline inflation” had actually “eased further to 0.3 percent in October from 0.8 percent in September. It said this confirmed the “BSP’s view that inflation momentum has started to slow down.” “Inflation held steady in […]