MANILA, Philippines -The 8.6-percent inflation in February, which was slower than was widely expected, increases the likelihood that the Bangko Sentral ng Pilipinas will go for a 0.25-percentage point increase of its policy rate to 6.25 percent on March 23, according to Goldman Sachs. Still, the New York-based financial services firm said it was sticking to its forecast of a 0.5-ppt hike to 6.5 percent. Goldman Sachs forecast the February readout at 8.8 percent year-on-year, which was to have been slightly faster than the 8.

https://business.inquirer.net/389793/with-feb-inflation-bsp-seen-likely-to-go-for-25-bps-interest-rate-hike

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