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Economists hike inflation forecasts

Economists hike inflation forecasts
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BSP to keep rates on hold

BSP to keep rates on hold
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Citi expects 2023 PHL inflation to average 5 3% - BusinessWorld Online

Citi expects 2023 PHL inflation to average 5 3% - BusinessWorld Online
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BSP seen raising interest rates this week

More economists expect the interest rate liftoff by the Bangko Sentral ng Pilipinas to kick off this week after the economy delivered a solid gross domestic product growth performance in the first quarter.

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April inflation may breach government target

Inflation likely breached the government’s two to four percent target range, which may finally prompt the Bangko Sentral ng Pilipinas to hike interest rates and join other centralbanks in the tightening cycle as early as May, according to economists.

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