MANILA :Philippines Finance Secretary Benjamin Diokno said on Sunday he believed that the central bank was leaning towards a pause in interest rate rises at its next monetary policy meeting scheduled for May.
The Bangko Sentral ng Pilipinas' decided on Thursday to continue fighting inflation with a rate increase, although at the slower pace of 25 basis points to 6.25 per cent.
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Philippines Finance Minister: interest rate hike pause likely in cbank's next meetingMANILA : Philippines Finance Secretary Benjamin Diokno said on Sunday he believed that the local central bank was leaning towards a pause in interest rate hikes at its next monetary policy meeting scheduled for May.'In my view, the monetary authorities have done enough. And monetary policy is not the only
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Philippines Finance Minister: interest rate hike pause likely in cbank's next meetingMANILA : Philippines Finance Secretary Benjamin Diokno said on Sunday he believed that the local central bank was leaning towards a pause in interest rate hikes at its next monetary policy meeting scheduled for May.'In my view, the monetary authorities have done enough. And monetary policy is not the only
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »