BSP to act as May inflation stays above target

May inflation slows but remains above target Central bank signals further rate hikes to return inflation to 3% Core inflation rose to 4.1% in May; food and transport inflation eased MANILA — The Philippine central bank said it will “take necessary actions” to bring inflation back to its target, after the annual pace of consumer price growth remained aboveits 3% […] The post BSP to act as May inflation stays above target appeared first on Interaksyon.