BusinessWorld E-paper
October 21, 2026
A “DECISIVELY HAWKISH” Bangko Sentral ng Pilipinas (BSP) is expected to deliver further monetary tightening to contain inflation, after September’s hotter-than-expected price growth heightened concerns over looming upside risks, Japanese financial giant Nomura said.
In an e-mailed note, Nomura said the central bank expressed concern over the September inflation reading, which accelerated back to this year’s peak of 7.2% amid renewed price shocks from food, fuel, and utilities.
