BSP expects reversion to inflation target by Q4

September 12, 2023 - 3:32 PM
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Bangko Sentral ng Pilipinas (Philstar file photo)

 The Philippines central bank expects to revert back to target inflation by the fourth quarter barring unforeseen shocks, the Deputy Governor of the Bangko Sentral ng Pilipinas (BSP) Francisco G Dakila Jr said on Tuesday.

The BSP remains ready to respond as necessary to any risks that threaten achievement of inflation target, he added.

— Reporting by Rachna Uppal and Hadeel Al Sayegh; Writing by Clauda Tanios; Editing by Christian Schmollinger