BSP sees less pressure to hike after Q2 growth slump

WIRE — THE BANGKO SENTRAL ng Pilipinas (BSP) remains open to further tightening to steer inflation back to its target but feels less pressure to do so after domestic growth weakened anew. BSP Governor Eli M. Remolona, Jr. on Monday said they could still hike "as much as necessary" to ensure inflation continues to soften and eventually

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