BSP: Only a 'sustained' dip in prices justifies an easing

THE Bangko Sentral ng Pilipinas (BSP) remains hawkish despite commodity prices slowing to 2.8 percent, the slowest in 39 months or four years. Based on the Philippine Statistics Authority (PSA), inflation slowed to a rate that is the slowest since October 2020 when inflation averaged 2.3 percent. This is within…

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