The central bank’s Monetary Board (MB) is seen leaning toward a policy rate hike when it meets today to determine the appropriate monetary policy setting for the Philippines in light of growing price pressures, recent policy actions, and domestic and global risks.

Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said the Board will be looking at a number of issues, particularly the inflation path, which is on an apparent upward trend.

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