Philippines c.bank gov says may raise rates by 100 bps more this year - Reuters


7/5/2022 12:00:00 AM2 years 10 months ago

The Philippine central bank may raise interest rates by an additional 100 basis points this year, its governor said on Wednesday, after annual inflation hit a near four-year high in June driven mainly by increases in food and fuel prices.

MANILA, July 6 (Reuters) - The Philippine central bank may raise interest rates by an additional 100 basis points this year, its governor said on Wednesday, after annual inflation hit a near four-yea… [+1386 chars]

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