BusinessWorld E-paper
October 19, 2023
THE BANGKO SENTRAL ng Pilipinas’ (BSP) hawkish stance is expected to bring inflation to the target range by early next year, but further hikes could be needed if more upside risks to prices emerge, the International Monetary Fund (IMF) said on Wednesday.
However, BSP Governor Eli M. Remolona, Jr. told reporters on Wednesday that there is still a need to review the latest data before making a decision.
