BSP: More rate hikes ‘unlikely’

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) would “unlikely” tighten monetary policy settings—or raise rates—even more despite the faster price gains seen in February, Governor Eli Remolona Jr. said as he stressed “it’s still too soon to declare victory” in its inflation battle. At the same time, Remolona told a press conference on
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