BSP could keep hiking despite risks to growth

The Manila Times 18 h Philippines

THE Bangko Sentral ng Pilipinas (BSP) may have to further tighten policy to address peso and inflation pressures even if this weighs on economic growth, a Cabinet official said. “I’m sure they (BSP) are monitoring the situation. So if they need to tighten, they should tighten,” Socioeconomic Planning Secretary Arsenio Balisacan told reporters last week. “Because it’s

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