The central bank governor said on Monday
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Philippine annual inflation, running at 14-year highs, will likely return to within the 2% to 4% target range as early as the third quarter of the year and remain there in 2024, the central bank governor said on Monday.
"We expect to be very successful in bringing down inflation," Bangko Sentral ng Pilipinas Governor Felipe Medalla told an investment forum in Frankfurt. (Reporting by Neil Jerome Morales and Karen Lema; Editing by Martin Petty)
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