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Remolona sees no need for rate hike if there are no new supply shocks

14 September 2023
in Business
Reading Time: 4 mins read
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Remolona sees no need for rate hike if there are no new supply shocks
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By Keisha B. Ta-asan,  Reporter

THE BANGKO SENTRAL ng Pilipinas (BSP) does not see the need to resume monetary tightening if there are no more supply shocks such as those that fueled the uptick in August inflation.

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