BSP to pause easing as oil shock stokes inflation - BusinessWorld Online

BSP to pause easing as oil shock stokes inflation - BusinessWorld Online

THE BANGKO SENTRAL ng Pilipinas (BSP) could pause its easing cycle even as rising cost pressures due to the spike in global oil prices amid the war in Iran are expected to stoke inflation in the near term. “Headline inflation could spike in March to April as fuel prices rise but with (average) inflation in ’26 and ’27 still within BSP’s inflation target range,” Citi Philippines said in an e-mailed note on Wednesday. “We maintain our call for a B…