Philippines central bank ready to adjust policy to safeguard inflation target

FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco
MANILA : The Philippine central bank stands ready to adjust its monetary policy settings as necessary, to prevent inflation expectations from becoming disanchored and safeguard the inflation target over the policy horizon, Governor Felipe Medalla said on Tuesday.