Bangko Sentral drastically lowers 2019 inflation outlook

ABS-CBN News

Posted at Nov 15 2018 11:26 PM

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The Philippine central bank drastically lowered its inflation forecast for 2019, following the passage of the rice tariffication bill by the Senate. Though the bank still hiked interest rates for a fifth consecutive policy meeting, citing the need to anchor inflation expectations. Warren de Guzman reports. - Business Nightly, ANC, November 15, 2018