BusinessWorld E-paper
November 27, 2023
THE BANGKO SENTRAL ng Pilipinas’ (BSP) higher-for-longer monetary policy stance may be needed to anchor inflation expec-tations, but analysts warned high borrowing costs will continue to weigh on growth momentum.
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said the BSP’s view is that without high interest rates inflation will continue to be a problem.
