Philippines lifts key interest rate again as inflation accelerates - Nikkei Asia


6/23/2022 12:00:00 AM2 years 10 months ago
by Staff Writer

Second hike in two months raises benchmark to 2.5%; Indonesia stands pat

MANILA -- The Philippines' central bank on Thursday raised its key interest rate by 25 basis points, to 2.5%, as it strives to temper accelerating inflation. The move marks the second straight incre… [+3065 chars]

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