BusinessWorld E-paper
July 18, 2023
THE PHILIPPINE ECONOMY will likely be able to handle further monetary tightening by the Bangko Sentral ng Pilipinas (BSP) as domestic demand remains resilient, analysts said.
This as BSP Governor Eli M. Remolona signaled the possibility of further monetary tightening, adding that it is “premature” to discuss rate cuts as inflation is still beyond the 2-4% target band.
