Concerns that the Philippine economy could overheat are exaggerated and monetary authorities are unlikely to intervene in the short term, London’s Capital Economics said.
In a report, the research firm noted that fast growth, easy credit and a worsening trade balance had led to suggestions that Bangko Sentral ng Pilipinas (BSP) interest rates would have to be raised in response.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.