Pantheon says BSP tightening cycle likely over as inflation to further ease

UNITED KINGDOM-BASED think tank Pantheon Macroeconomics sees the Bangko Sentral ng Pilipinas (BSP) holding off on any further monetary policy tightening as it expects inflation to undershoot the central bank’s revised forecasts. Pantheon Macroeconomics Chief Emerging Asia Economist Miguel Chanco and Asia Economist Meekita Gupta said the BSP’s latest inflation outlook seems “overly pessimistic.” Following […]