THE Philippine central bank raised its benchmark interest rate by 50 basis points to 6 per cent on Thursday (Feb 16), and flagged its readiness to do more to tame inflation, which is running at 14-year highs.
Recent Posts
Most Popular
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking notice.
Bank of England rate cuts deliver £11 billion hit to households
The UK central bank is widely expected to deliver a fifth quarter-point rate reduction to 4% per cent on Thursday
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
The firm has been selling stakes to institutions for more than a decade