MANILA -Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla hinted at a continued pause on policy rate hikes this week, saying that the downtrend on inflation across the Philippines could justify this. Medalla told reporters that at the rate things were going, keeping the BSP's benchmark rate unchanged for the second policy meeting in a row on June 22 appeared to be the best strategy. The rate of increase in prices of goods and services that households commonly purchase had decreased continually from 8.

https://business.inquirer.net/406300/medalla-hints-at-continued-rate-hike-pause

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