AUGUST's higher-than-expected inflation result is unlikely to prompt a return to tightening and instead keep monetary authorities on their toes, analysts said.
"We do not think that the BSP (Bangko Sentral ng Pilipinas) will resume its hiking cycle but will instead stand pat at 6.25 percent while remaining hawkish in the face of emerging risks to the inflation outlook," China Banking Corp. chief economist Dominic Velasquez said.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.