ANALYSIS: Is the Bangko Sentral just prolonging the agony?
Updated as of Mar 26 12:43 AM
Economists here and abroad have alerted the Philippine economic managers about the threat of an overheating economy as a result of a bundle of indicators. But a worst-case scenario can be averted, these analysts argue, by an increase in interest rates. Delaying rate increases appears to be just prolonging the agony.
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