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Two Speeds: Asia's Great Central-Bank Divergence
One global shock, opposite answers: the Philippines raised rates to fight inflation while China held them at record lows to fight deflation.
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channelnewsasia.com
Philippine central bank raises policy rate by 25 basis points, as expected
MANILA, June 18 : The Philippine central bank raised its key interest rate by 25 basis points to 4.75 per cent on Thursday, it said in a statement.Twenty of 25 economists in a…
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Philippine central bank raises policy rate by 25 basis points
MANILA, June 18 : The Philippine central bank raised its key interest rate by 25 basis points for a second time in a row on Thursday and left the door open to additional…
