Philippines central bank chief says 2019 policy easing over

A security guard stands beside a logo of Philippine central bank, the Bangko Sentral ng Pilipinas, in Manila.

MANILA: The Philippine central bank is done with easing monetary policy for this year after it cut interest rates three times and pumped liquidity into the banking system, Governor Benjamin Diokno said.

When asked if there would be no more reductions in the benchmark rate or reserve requirement ratio in 2019, Diokno said "absolutely.” Monetary authorities have done "more than enough” for the year, he said in a text message from his mobile phone.