BSP’s interest hike won't address supply-driven inflation – Pernia

MANILA, Philippines – Markets may have hailed the Bangko Sentral ng Pilipinas for showing force and implementing its strongest policy rate hike in 10 years, but Socioeconomic Planning Secretary Ernesto Pernia said it would have little impact on taming inflation.

Ralf Rivas

A sociologist by heart, a journalist by profession. Ralf is Rappler's business reporter, covering macroeconomy, government finance, companies, and agriculture.