BSP urged to consider jumbo rate hike as inflation risks mount

MANILA, Philippines — A more aggressive half-point increase in the policy rate of the Bangko Sentral ng Pilipinas (BSP) merits “serious consideration” to help anchor inflation expectations and contain the risk of further price increases, New York-based GlobalSource Partners said. In a note on Wednesday, Diwa Guinigundo and Wilhelmina Manalac, analysts at GlobalSource, warned that fast-rising