'Rate hike more likely after inflation spike' • Cai U. Ordinario
WITH the increase in commodity prices reaching the high end of the Bangko Sentral ng Pilipinas (BSP) inflation expectations for September, analysts are now more certain that the Monetary Board will decide to raise key policy rates by November. Bank of the Philippine Islands (BPI) Chief Economist Emilio S. Neri said he expects a 25-basis-point