Manila Skyline as Philippines Key Rate to Rise to 4% This Quarter

Buildings at dusk in the Central Business District (CBD) in Makati City, the Philippines, on Tuesday, Aug. 16, 2022. The Philippine central bank will sustain its rate-hike cycle this quarter, following a surprise move in July, to quell broadening price pressures, according to Bloomberg survey of economists. The benchmark interest rate is expected to increase by another 75 basis points to 4% by the end of September, a survey showed. Photographer: Veejay Villafranca/Bloomberg via Getty Images
Buildings at dusk in the Central Business District (CBD) in Makati City, the Philippines, on Tuesday, Aug. 16, 2022. The Philippine central bank will sustain its rate-hike cycle this quarter, following a surprise move in July, to quell broadening price pressures, according to Bloomberg survey of economists. The benchmark interest rate is expected to increase by another 75 basis points to 4% by the end of September, a survey showed. Photographer: Veejay Villafranca/Bloomberg via Getty Images
Manila Skyline as Philippines Key Rate to Rise to 4% This Quarter
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1242548737
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August 16, 2022
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PHILIPPINES MANILA
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