INQUIRER.net: BSP sharpens tools to combat inflation

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BSP sharpens tools to combat inflation Sep 17th 2013, 22:28 MANILA, Philippines—The Bangko Sentral ng Pilipinas (BSP) may further refine crucial economic measures, apart from its current stance on monetary policy, to combat risks to inflation that have crept up in recent months.   BSP Governor Amando M. Tetangco Jr. said that while the country remains in an economic "sweet spot," which is characterized by high growth and low inflation, developments abroad may force local policymakers to take decisive action.   "BSP stands ready to make refinements to existing macroprudential measures and deploy new ones, if necessary," Tetangco on Tuesday said, referring to specific economic tools designed to reduce inflation r... Keep on reading: BSP sharpens tools to combat inflation Media files: say1-p-e1304845841885.jpg (image/jpeg)

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