Inflation in the Philippines likely sizzled and jumped above the upper end of central bank Bangko Sentral ng Pilipinas’ (BSP) two-to-four per cent target range of manageable price hikes last month.
MANILA (Philippine Daily Inquirer/Asia News Network): Philippine monetary authorities must brace for higher global inflation and the US Federal Reserve’s rate hikes coming soon and fast, but economists watching the country have varied forecasts when domestic interest rates would follow suit.
Philippine monetary authorities must brace for higher global inflation and the US Federal Reserve’s (Fed) rate hikes coming soon and fast, but economists watching the country have varied forecasts when domestic interest rates would follow suit.
Philippine monetary authorities must brace for higher global inflation and the US Federal Reserve’s (Fed) rate hikes coming soon and fast, but economists watching the country have varied forecasts when domestic interest rates would follow suit.