Tetangco on the BSP and the banking community

In the speech 'The BSP and the banking community - a partnership for a better year in 2007' given on 16 January Amando Tetangco of the Central Bank of the Philippines said inflation is seen to continue to slow down in 2007, with the government target of 4-5 percent likely to be achieved, in the absence of new shocks.

"Nevertheless, there are certain risks to inflation that need to be carefully monitored and assessed, including oil prices, possible impact of El Nino on agricultural output, wage

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