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Long Iran war may force BSP to hike rates aggressively - BusinessWorld Online
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1 Articles
Long Iran war may force BSP to hike rates aggressively - BusinessWorld Online
THE RISK of inflation rising faster than expected and hitting double-digit pace as the Middle East war drags on may push the Bangko Sentral ng Pilipinas (BSP) to keep tightening to quell spiraling prices that could stymie economic growth, an economist said. “The BSP’s imperative is to stay ‘ahead of the curve’ by keeping inflation expectations anchored and preventing spillover inflationary impacts on other core expenditure categories that would …
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