Philippines Hikes Rate While Signaling Gradual Normalization
Published on: Wednesday 18 May 2022
(Bloomberg) -- The Philippine central bank raised its key interest rate for the first time since 2018 to combat Southeast Asia’s second-fastest inflation.Most Read from BloombergTarget and Walmart’s Deep Pain Could Be Your GainWalmart Flashes a Warning Sign to the Entire Consumer EconomyPlotkin Shuts Melvin Hedge Fund Reeling From Redditor AttackStocks Suffer Steepest Rout in Almost Two Years: Markets WrapChina in Talks With Russia to Buy Oil for Strategic ReservesBangko Sentral ng Pilipinas inc