By Katherine K. Chan, Reporter
OIL PRICE SHOCKS may prompt the Bangko Sentral ng Pilipinas (BSP) to hike its policy rate as early as its next meeting in April amid the risk of inflation breaching the central bank’s target band in March, an economist said.
Security Bank Chief Economist Angelo B. Taningco sees the BSP reversing its policy path in April but ruled out an off-cycle move as the central bank has “room to wait.”
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