UPDATE 1-Philippine c.bank holds rate steady, says inflation spike will moderate
07 Feb UPDATE 1-Philippine c.bank holds rate steady, says inflation spike will moderate
Posted at 09:13h
in
News
by KMFSLLP
MANILA, Feb 8 (Reuters) – The Philippines’ central bank held
interest rates steady on Thursday and poured cold water on
expectations that it will hike this year, insisting that a sharp
spike in inflation will prove temporary and price pressures will
ease next year.
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