Philippine Central Bank Raises Key Rate Half a Point Amid Inflation
The Philippine central bank raised its key rate by half a percentage point for a fourth consecutive meeting to counter resurgent inflation, fueled partly by an El Niño dry spell, and to support the weakened peso.
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| Oct 21, 11:31 PM | bloomberg.com | Philippines Delivers Half-Point Hike as Inflation Mounts |
| Oct 21, 4:00 PM | bloomberg.com | Philippines to Lift Key Rate as El Niño Adds to Inflation Threat |