By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Eli Remolona Jr. —CONTRIBUTED PHOTO
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. sees risk that the central bank may already be “behind the curve” despite its early tightening moves to choke off war-driven inflation, adding that policymakers are “considering” an off-cycle interest rate hike.
In an interview with One News TV on Friday, Remolona said the May inflation data due June 5 would be a key input for the Monetary Board’s next policy decision, scheduled for June 18.
“We’re considering it,” he said, when asked about the possibility of a rate hike outside the regular policy cycle.
