The Bangko Sentral ng Pilipinas (BSP) is contemplating an unscheduled interest rate hike, according to Governor Eli Remolona. He indicated that the April rate increase might not be sufficient to combat persistent supply shocks. The central bank's next scheduled policy meeting is on June 18. AI
RANK_REASON Central bank policy decision regarding interest rates. [lever_c_demoted from significant: ic=1 ai=0.1]
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