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
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August 16, 2022
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PHILIPPINES MANILA
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- 2022,
- Asia,
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- Business Finance and Industry,
- Capital Region,
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- Downtown District,
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- Economy,
- Finance and Economy,
- Greater Manila Area,
- Industry,
- Makati,
- Manila - Philippines,
- Philippines,
- Real Estate,
- Skyscraper,
- Southeast Asia,
- Southeast Asian Ethnicity,
- The Media,
- Tuesday,
- Urban Skyline,