Philippines c.bank to hike by 50 bps on Thursday, catching up with peers - Reuters


8/15/2022 12:00:00 AM2 years 8 months ago

The Philippine central bank will follow its surprise July rate hike with a half-point point rise on Thursday and another quarter-point increase in September to catch up with its peers in containing soaring inflation, a Reuters poll forecast.

Aug 16 (Reuters) - The Philippine central bank will follow its surprise July rate hike with a half-point point rise on Thursday and another quarter-point increase in September to catch up with its pe… [+2698 chars]

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