Philippines cbank: ready to act to bring inflation within target
FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco/File Photo
MANILA : The Philippine central bank is prepared to take further policy actions to bring inflation toward a target-consistent path over the medium term, it said on Wednesday, following the release of September inflation data.
The Bangko Sentral ng Pilipinas also said in a statement that upside risks continued to dominate the inflation outlook in the near term.
Source: Reuters
