Asia-Pacific

Bangko Sentral ng Pilipinas

Too few recent speeches for a current tone.

Speeches: 566
First speech: Aug 25, 2004
Latest speech: Nov 17, 2025
Tone vs coming rate moves: +0.23; rank correlation

Does the tone run ahead of the rate?

Speech tone over the previous three months, and the policy rate at the end of each month, on the same timeline. Hover over either chart to read the same month in both.

Speech tone

Policy rate

Latest speeches

Each speech's tone is the average over its sentences about policy, prices, rates or the economy. Open a speech to read it in full.

Date	Speech	Tone
Nov 17, 2025	Eli M Remolona: Financial learning that connects, transforms, and sustains Eli M Remolona	+0.06
Jul 29, 2025	Eli M Remolona: Digital pathways to financial security Eli M Remolona	+0.00
Jul 3, 2025	Eli M Remolona: Digital, sustainable, inclusive - celebrating the 32nd anniversary of Bangko Sentral ng Pilipinas Eli M Remolona	+0.29
May 5, 2025	Eli M Remolona: Welcome remarks - Presidential and National Anti-Money Laundering, Counter-Terrorism Financing, Counter Proliferation Financing Coordinating Committee (NACC) Recognition Ceremony Eli M Remolona	−0.79
Mar 20, 2025	Eli M Remolona: Going digital - changing the digital finance narrative Eli M Remolona	–
Mar 11, 2025	Eli M Remolona: Getting out of the grey list - and staying out Eli M Remolona	−0.10
Jan 10, 2025	Eli M Remolona: Message for the Annual Reception for the Banking Community Eli M Remolona	−0.03
Aug 6, 2024	Eli M Remolona: Digital SOS - a comprehensive plan to combat cyber incidents Eli M Remolona	–
Aug 6, 2024	Eli M Remolona: Message during the Development Budget Coordination Committee Briefing Eli M Remolona	+0.31
Jul 31, 2024	Eli M Remolona: Keeping the Bayanihan spirit alive Eli M Remolona	+0.22
Jul 30, 2024	Eli M Remolona: Emerging trends in central bank policies and operations Eli M Remolona	−0.02
Jul 8, 2024	Eli M Remolona: Inflation dynamics as influenced by the peso-dollar exchange rate Eli M Remolona	+0.17
Jul 3, 2024	Eli M Remolona: Off to the next 75 - celebrating 75 years of central banking in the Philippines Eli M Remolona	+0.12
Jun 22, 2024	Eli M Remolona: Moving forward and creating impactful changes Eli M Remolona	+0.19
Jun 20, 2024	Eli M Remolona: Protecting the banking system as a whole Eli M Remolona	–
Jun 7, 2024	Eli M Remolona: Establishing a benchmark yield curve - why we need it and how can we do it? Eli M Remolona	−0.06
Jun 5, 2024	Eli M Remolona: Mitigating climate change through collaboration Eli M Remolona	+0.09
Jun 5, 2024	Eli M Remolona: Going the extra mile for financial inclusion Eli M Remolona	–
Mar 20, 2024	Eli M Remolona: Digital bridges for financial inclusion Eli M Remolona	–
Mar 18, 2024	Eli M Remolona: Forging a sustainable future for the Philippines Eli M Remolona	+0.01
Mar 6, 2024	Eli M Remolona: The challenges we face at Bangko Sentral ng Pilipinas Eli M Remolona	+0.17
Feb 13, 2024	Eli M Remolona: Message during the release of the 2023 Financial Stability Report Eli M Remolona	−0.85
Jan 26, 2024	Eli M Remolona: Message for the Annual Reception for the Banking Community Eli M Remolona	+0.15
Oct 24, 2023	Eli M Remolona: Welcome message - 2nd Digital Financial Inclusion Awards Eli M Remolona	–
Aug 14, 2023	Eli M Remolona: Rising to the challenge - the Bangko Sentral ng Pilipinas Eli M Remolona	+0.02
Jul 28, 2023	Eli M Remolona: Navigating the road ahead - looking back to look forward Eli M Remolona	+0.20
Jul 3, 2023	Felipe M Medalla: Navigating the road ahead - looking back to look forward Felipe M Medalla	+0.08
May 28, 2023	Felipe M Medalla: Beyond just a bellwether - the capital markets as catalyst for dynamic and inclusive economic growth Felipe M Medalla	+0.05
May 25, 2023	Felipe M Medalla: Chronicling the evolution of Philippine banking laws Felipe M Medalla	–
May 16, 2023	Felipe M Medalla: Approaching and taking stock of systemic risk issues from a regional perspective Felipe M Medalla	+0.20
Apr 11, 2023	Felipe M Medalla: View from Manila - outlook for 2023 and 2024 Felipe M Medalla	+0.05
Apr 11, 2023	Felipe M Medalla: Preserving price and financial stability in the Philippines Felipe M Medalla	+0.15
Mar 27, 2023	Felipe M Medalla: Within reach - how digitalization boosts financial inclusion in the Philippines Felipe M Medalla	+0.15
Mar 23, 2023	Felipe M Medalla: The Philippine thrift banking industry - a picture of resilience Felipe M Medalla	+0.13
Mar 7, 2023	Felipe M Medalla: Central bank independence and fiscal prudence - hallmarks of Philippine economic development Felipe M Medalla	+0.22
Mar 1, 2023	Felipe M Medalla: Examining how the pandemic reshaped the Philippine labor market Felipe M Medalla	−0.31
Feb 27, 2023	Felipe M Medalla: An assessment of the Philippine inflation picture Felipe M Medalla	+0.35
Feb 26, 2023	Felipe M Medalla: In pursuit of price stability - challenges and opportunities Felipe M Medalla	+0.14
Feb 23, 2023	Felipe M Medalla: A future-ready Philippines - digital, sustainable, inclusive Felipe M Medalla	+0.12
Feb 20, 2023	Felipe M Medalla: Supporting the continued growth of the fund management industry Felipe M Medalla	+0.17
Jan 25, 2023	Felipe M Medalla: Re-anchoring and securing inflationary expectations in a challenging environment Felipe M Medalla	+0.33
Jan 22, 2023	Felipe M Medalla: Safeguarding price stability amid challenging times Felipe M Medalla	+0.30
Jan 10, 2023	Felipe M Medalla: Full speed ahead for payments digitalization Felipe M Medalla	–
Jan 9, 2023	Felipe M Medalla: Creating a resilient financial system amid interconnected risks - balancing growth and inflation while minimizing disruptions Felipe M Medalla	−0.06
Jan 9, 2023	Felipe M Medalla: South Luzon in focus - why the regional matters in the national Felipe M Medalla	+0.31
Jan 2, 2023	Felipe M Medalla: Onward and forward - the BSP in 2023 Felipe M Medalla	−0.13
Dec 21, 2022	Felipe M Medalla: Painting the central bank of the Philippines green Felipe M Medalla	+0.21
Nov 30, 2022	Felipe M Medalla: Digital payments transformation - the key to financial inclusion Felipe M Medalla	+0.23
Nov 20, 2022	Felipe M Medalla: Strengthening financial health through financial literacy Felipe M Medalla	−0.23
Nov 10, 2022	Felipe M Medalla: Beyond the numbers - the press as a reliable partner in economic development Felipe M Medalla	+0.22
Nov 10, 2022	Felipe M Medalla: Exploring greater participation from actuaries in the evolving capital markets Felipe M Medalla	+0.27
Oct 24, 2022	Felipe M Medalla: Banking on solid ground - the role of banks in post-pandemic recovery Felipe M Medalla	+0.01
Oct 23, 2022	Felipe M Medalla: The Philippine economy - navigating the challenging economic landscape Felipe M Medalla	–
Oct 19, 2022	Felipe M Medalla: Economic prospects and the state of the thrift banking industry Felipe M Medalla	+0.18
Oct 16, 2022	Felipe M Medalla: Message for 42nd Anniversary of Credit Card Association of the Philippines Felipe M Medalla	+0.02
Oct 6, 2022	Felipe M Medalla: Speech for the 2022 Annual Reception for the Banking Community Felipe M Medalla	+0.05
Sep 1, 2022	Felipe M Medalla: "Cool Minds, Brave Hearts: The People of the Central Bank" Felipe M Medalla	–
Aug 30, 2022	Felipe M Medalla: Opening Message for S&P Annual Review Felipe M Medalla	−0.02
Aug 21, 2022	Felipe M Medalla: Opening message for Moody's Credit Rating Review Felipe M Medalla	+0.10
Aug 16, 2022	Felipe M Medalla: MOA signing with participating retailers for the Coin Deposit Machine Project Felipe M Medalla	−0.12

Next: Across all central banksHow tone lines up with rate moves at every bank tested, and whether it predicts them.