MANILA, Feb 17 (Reuters) - The Philippine central bank's
primary concern is inflation, its governor told CNBC Asia TV on
Friday.
Interest rate hikes were meant to increase the chances of a
lower than 4% year-on-year inflation by the end of 2023, said
Bangko Sentral ng PIlipinas Governor Felipe Medalla, a day after
raising benchmark rates by 50 basis points.
(Reporting by Neil Jerome Morales
Editing by Ed Davies)
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