MANILA, Sept 22 The Philippine central bank left
its benchmark interest rate unchanged at 3.0 percent on Thursday
as it expects inflation to remain subdued.
It also kept the interest rate corridor intact by
maintaining the ceiling and floor rates at 3.5 percent and 2.5
All 12 analysts in a Reuters poll had predicted the rate
will be left unchanged on Thursday as inflation remains subdued
despite robust economic growth.
The policy-making Monetary Board holds a rate-setting
meeting every six weeks.
(Reporting by Erik dela Cruz and Neil Jerome Morales; Editing
by; Writing by Karen Lema; Editing by Kim Coghill)