MANILA, May 5 (Reuters) - The Philippine central bank
said on Friday it remains committed to adjusting its monetary
policy stance as necessary to prevent further broadening of
price pressures.
The balance of risks to inflation outlook for 2023 and 2024
remains tilted heavily towards the upside, it said, adding that
potential effect of ongoing supply shortages continues to pose
an upside risk to the outlook.
(Reporting by Neil Jerome Morales and Enrico dela Cruz; Editing
by Martin Petty)
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