BSP hints resumption of rate hikes

THE Bangko Sentral ng Pilipinas (BSP) on Wednesday hinted it may resume its tightening cycle, possibly using both the policy rate and reserve requirement if liquidity continued to increase and threaten the inflation outlook. BSP Deputy Gov. Diwa Guinigundo said the two successive hikes in key rates have resulted in a weak pass-through of around … Continue reading BSP hints resumption of rate hikes