THE Bangko Sentral ng Pilipinas (BSP) is following the lead of the United States Federal Reserve and other central banks that have set a single-point inflation target.

THE Bangko Sentral ng Pilipinas (BSP) does not intend to reduce the reserve requirement ratio (RRR) of banks anytime soon. BSP Governor Eli M. Remolona Jr. recently told reporters that if the Monetary ...