While the outlook for price stability has remained broadly unchanged since our last decision on 5 June, the Governing Council will continue to monitor carefully all factors which are relevant to its assessment.
Thank you for your continuing support and confidence in the BSP! Moving forward, we see potential risks that can elevate volatility and challenge our policymaking. Nevertheless, our domestic sources of resilience will help us manage possible spillovers from global challenges such as weak and fragile growth, geo-political tensions, continuing uncertainty over US Fed interest rates and Brexit.