LATEST INFLATION DATA and the recent peso performance will likely prompt the central bank to extend its policy pause, Finance Secretary Ralph G. Recto said.
“We’ll take a look at the data. So far, the way I see it, unless something changes between now and then, I think (it will be) more or less steady,” he told reporters late on Tuesday.
Mr. Recto is part of the seven-member Monetary Board, which is set to have its meeting today (May 16).
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