BOHOL, Nov. 25 -- Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. expressed optimism over the country's inflation outlook, noting that consumer price expectations remain "more or less anchored" amid sustained low inflation this year.

In a press conference on Monday, Remolona noted inflation has averaged 1.7 percent from January to October, below the government's 2 to 4 percent target range.

"Our inflation expectations are, I would say, more or less anchored. In fact, in our statements, we say well anchored," he said.

"Expectations are not too far away from our target, especially if you look at two years down the road," he added.

Remolona added he was "happy" with the year-to-date inflation performance, stressing that the B...