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Remolona gets A-rating for 2nd consecutive year
BSP Governor Eli Remolona Jr. received an 'A-' grade from Global Finance magazine for the second consecutive year, joining the same tier as European Central Bank president Christine Lagarde.
The rating recognizes his effective management of inflation, economic growth, currency stability, and interest rates despite global uncertainties.
Remolona is among a select group of central bank governors worldwide to receive an 'A' range grade, including peers from the European Union, Taiwan, Singapore, South Africa, and Cambodia.
The top 'A+' distinction was awarded to central bankers from Denmark, Vietnam, and US Federal Reserve chairman Jerome Powell.
Global Finance founder Joseph Giarraputo highlighted the importance of central bankers' independence and strategic foresight in navigating economic challenges.
Jerome Powell faces political pressure from US President Donald Trump, who has called for lower interest rates, but he has maintained the independence of the US central bank.
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