Read this in The Manila Times digital edition.
INFLATION data due to be released in two weeks, as well as the outcome of the US Federal Reserve's (Fed) final meeting for the year will determine the Monetary Board's next moves, Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said on Tuesday.
"Well, it depends on what the US does. It depends on what the inflation numbers are," Medalla told reporters when asked about the next steps the Philippine monetary authorities were considering to rein in inflation and support the peso.
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