Philippine Central Bank Keeps Rate Hike Option Open Despite Weak GDP Growth
The Philippine central bank keeps a rate hike on the table despite weak GDP growth, signaling inflation fears still dominate policy thinking.
The Philippine central bank keeps a rate hike on the table despite weak GDP growth, signaling inflation fears still dominate policy thinking.
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Subdued Philippine GDP growth constrains BSP rate hikes, weakening the peso and lifting bond prices while weighing on the stock market.
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