Read this in The Manila Times digital edition.
HEADLINE inflation has finally returned to target but monetary authorities are unlikely to begin lowering key interest rates anytime soon.
Aggressive tightening since May of last year saw consumer price growth ease to 3.9 percent in December — within the Bangko Sentral ng Pilipinas' (BSP) 2.0- to 4.0-percent goal and the slowest in nearly two years.
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