BSP pegs March inflation at hotter 3.4-4.2%

MANILA, Philippines — There’s a chance that the stubbornly high prices of rice—worsened by more expensive meat and oil—pushed up inflation beyond the 2 to 4 percent target range of the Bangko Sentral ng Pilipinas (BSP) anew, which may prompt monetary authorities to stay hawkish. In a statement on Monday, the BSP said inflation possibly
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