Philippines cbank: ready to act to bring inflation within target

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FILE PHOTO: A logo of Bangko Sentral ng Pilipinas is seen at their main building in Manila

MANILA (Reuters) – The Philippine central bank is prepared to take further policy actions to bring inflation toward a target-consistent path over the medium term, it said on Wednesday, following the release of September inflation data.

The Bangko Sentral ng Pilipinas also said in a statement that upside risks continued to dominate the inflation outlook in the near term.

(Reporting by Neil Jerome Morales; Editing by Kanupriya Kapoor)


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