Philippine Rate Decision Too Close to Call on Stagflation Risk

The Iran war’s fallout has made the Philippine central bank’s next policy move a tough call: tighten to tame price pressures from the energy crunch, or stand pat to support...

By Andreo Calonzo · Bloomberg Markets

The Iran war’s fallout has made the Philippine central bank’s next policy move a tough call: tighten to tame price pressures from the energy crunch, or stand pat to support a fragile economy.