MANILA, Oct 1 (Reuters) - The Philippine central bank kept
its policy rates steady on Thursday, as expected, citing benign
inflation and ample liquidity to support the pandemic-ravaged
domestic economy.
It maintained the rate on the overnight reverse repurchase
facility PHCBIR=ECI at a record-low 2.25%.
Twelve of 13 economists Reuters surveyed ahead of Thursday's
policy meeting had expected the Bangko Sentral ng Pilipinas to
keep rates on hold, while a lone economist had projected a cut
of 25 basis points.