BSP mulls over off-cycle rate hike

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. sees risk that the central bank may already be “behind the curve” despite its early tightening moves to choke off war-driven inflation, adding that policymakers are “considering” an off-cycle interest rate hike. In an interview with One News TV on Friday, Remolona said the May inflation