The Marcos administration plans to form an interagency team that will be tasked to find ways to prevent prices of key goods and services from spiking. | RonWDomingoINQ /PDI
“If the Executive Department succeeded in controlling the sources of inflation on the supply side more effectively, there would be less reason for monetary authorities to raise policy rates,” he added.
The BSP’s latest forecast is that the rate of increase in prices of goods and services will recede much slower than earlier expected.
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