PHILIPPINE INFLATION would likely ease to 2.5% this month, giving the central bank room to cut interest rates more than expected, Finance Secretary Ralph G. Recto said on Tuesday. But the government remains cautious as the escalating conflict in the Middle East could lead to a spike in global oil prices, he said. “Inflation is […]
PHILIPPINE INFLATION would likely ease to 2.5% this month, giving the central bank room to cut interest rates more than expected, Finance Secretary Ralph G. Recto said on Tuesday. But the government remains cautious as the escalating conflict in the Middle East could lead to a spike in global oil prices, he said. “Inflation is […]