Long El Niño seen to usher rate hike | Cai U. Ordinario
UPSIDE risks to inflation, such as the prolonged dry spell or the El Niño phenomenon, could prompt the Monetary Board to raise interest rates this week. This was according to former Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa C. Guinigundo, who said the drought could cause supply-side disruptions and…