MANILA, Jan 23 (Reuters): Annual inflation at 14-year highs in the Philippines will likely ease to below 4% by the third quarter and then 2% by early next year, as aggressive tightening and supply-side intervention take root, its 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.
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