MANILA, May 5 (Reuters) - The Philippines' central bank
said on Friday that the deceleration of inflation gives it
flexibility on monetary policy.
The central bank remains vigilant against potential risks to
the inflation outlook, and will undertake follow-through actions
as necessary to anchor inflation expectations, it said, ahead of
its May 18 rate-setting meeting.
(Reporting by Neil Jerome Morales; Editing by Martin Petty)
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