Originally published byPhilippine Daily Inquirer
MANILA, Philippines — Despite mounting inflation risks from renewed conflict in the Middle East and a hefty wage increase, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said there was “little chance” the central bank would respond with aggressive interest rate hikes. Speaking to reporters on Tuesday, Remolona acknowledged that the twin shocks could fan inflation […]...
Keep on reading: Remolona sees ‘little chance’ of aggressive interest rate hikes
Keep on reading: Remolona sees ‘little chance’ of aggressive interest rate hikes
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