However, if the month-on-month February consumer price index
is negative there will be no need to hike rates, Governor Felipe
Medalla told reporters on the sidelines of a dinner hosted by
the Bangko Sentral ng Pilipinas.
(Reporting by Karen Lema; Writing by Martin Petty; Editing by
Alex Richardson)
MANILA, Feb 24 (Reuters) - The Philippine central bank
will likely hike interest rates one more time this year and that
could happen at the next meeting and would be more likely be by
25 basis points, its governor said on Friday.
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