DUBAI — The Philippines central bank expects to revert back to target inflation by the fourth quarter barring unforeseen shocks, the Deputy Governor of the Bangko Sentral ng Pilipinas (BSP) Francisco G Dakila Jr said on Tuesday.
The BSP remains ready to respond as necessary to any risks that threaten achievement of inflation target, he added.
— Reporting by Rachna Uppal and Hadeel Al Sayegh; Writing by Clauda Tanios; Editing by Christian Schmollinger
