By Katherine K. Chan, Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) faces a delicate balancing act as its efforts to bring down still-hot inflation weigh on a weakening economy, with broadening price pressures also threatening to further delay recovery.
According to the central bank, the economy is now facing the twin challenge of heated inflation and tepid growth.
However, it vowed to keep inflation in check to ensure economic growth recovers sustainably while it upholds its price stability mandate.
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