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BusinessWorld E-paper

December 8, 2023

BANGKO SENTRAL ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said it is premature to discuss policy easing in 2024, with the Monetary Board still prepared to hike borrowing costs if needed to make sure inflation returns to the 2-4% target range.

“The risks are still there so we have to assess the situation. I think it’s premature to say we will start to ease,” he told reporters on Wednesday evening.

 

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