Philippine central bank to raise rates by 75 bps- Reuters poll - Reuters

Philippine central bank to raise rates by 75 bps- Reuters poll - Reuters
The Philippine central bank will opt for a jumbo 75 basis point interest rate hike on Thursday to combat soaring inflation and limit weakening in the peso from the U.S. Federal Reserve's own rate moves, a Reuters poll showed.
BENGALURU, Nov 15 (Reuters) - The Philippine central bank will opt for a jumbo 75 basis point interest rate hike on Thursday to combat soaring inflation and limit weakening in the peso from the U.S. … [+2183 chars] Read More



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