By Luisa Maria Jacinta C. Jocson, Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) is still likely to keep its policy settings tight even as inflation settled within the target for a sixth straight month in May.
“The BSP will likely keep its monetary policy restrictive in the first half of the year as inflation risks (are) seen to persist in the near term,” Bank of the Philippine Islands (BPI) Lead Economist Emilio S. Neri, Jr. said in a statement.
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