Asia
Philippines· ManilaPhilippines monetary authorities raise policy rates due to inflation risks
Monetary authorities in the Philippines raised key policy rates again by a quarter-point, citing upside risks to inflation from volatile oil prices, severe El Niño conditions, and potential wage adjustments.
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Monetary authorities raise policy rates due to inflation risks
First report 18h agoLast update 18h ago1 takes 1
reporting rate hike reasonsneutralShow 1 post
started 18h ago•Last update 18h ago
The geobit reports the decision by monetary authorities to increase policy rates, attributing the move to various inflation risks.
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