Tetangco Says Rising Inflation Limits Philippine Rate Cut Appeal

  • Inflation seen picking up slowly in 2016, 2017 to target range
  • No urgency to ease as demand is firm, government spending up

Philippines' Tetangco Doesn't See Need to Ease Policy

Philippine central bank Governor Amando Tetangco is resisting the temptation to cut interest rates, saying inflation has bottomed and is forecast to pick up slowly in 2016 and 2017.

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