Policymakers urged to monitor money supply, foreign reserves


Posted at Apr 16 2018 11:45 AM

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MANILA - The economy is in no immediate danger of overheating, based on 4 out of 5 indicators, University of Asia and the Pacific economics professor Victor Abola said Monday.

Abola urged policymakers to keep close watch on the pace of growth in money supply and gross international reserves.

Inflation accelerated to 4.3 percent in March, compared to the government's 2 to 4 percent target.