SLOWING inflation has given the Bangko Sentral ng Pilipinas (BSP) room to pursue a measured easing of monetary policy, its top official said.
In an interview with Global Finance magazine that came out on Tuesday, central bank Governor Eli Remolona Jr. said even if some risks materialize, inflation would average 3.3 percent this year, 2.9 percent in 2025 and 3.3 percent the year after that, within the 2.0- to 4.0-percent target range.
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