Philippine Central Bank Signals Series of Modest Rate Hikes
The Philippine central bank will likely deliver a series of modest increases in its benchmark interest rate to rein in inflation spurred by the global oil shock, according to Governor...
By Ditas B Lopez, Andreo Calonzo · Bloomberg Markets
The Philippine central bank will likely deliver a series of modest increases in its benchmark interest rate to rein in inflation spurred by the global oil shock, according to Governor Eli Remolona.