According to Odaily, the Governor of the Philippine Central Bank has indicated that the direction of monetary policy will eventually lean towards easing. The Governor stated that when conditions are favorable and inflation is deemed to be under control, the bank intends to relax its policies. The aim is to avoid maintaining high interest rates that could lead to a loss in output. The central bank is currently conducting a thorough analysis of the data, and there is no set timetable for a rate cut at this time.