MANILA, July 19 (Reuters):The Philippine central bank's monetary policy will remain supportive of the economy until recovery is "firmly underway", its governor said on Thursday, while assuring markets it will clearly communicate is exit strategy from easy policy.
While the Federal Reserve's stimulus withdrawal could exert pressure on emerging central banks to follow suit, the decision by the Bangko Sentral ng Pilipinas' (BSP) to unwind rate cuts will depend on the domestic inflation outlook, Governor Benjamin Diokno said.