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BSP says wants inflation firmly settled near target midpoint

(Photo from BusinessWorld)

MANILA — The Philippine central bank wants inflation firmly settled near the middle of its 2.0%-4.0% target range, its governor said on Tuesday.

“We are hawkish, but less than before,” Governor Eli Remolona told the Reuters Global Markets Forum.

—Reporting by Anisha Sircar in Bengaluru and Divya Chowdury in Mumbai; Editing by John Mair

Reuters

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