BEAMSTART Logo

Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia

Nikkei Asia LogoNikkei Asia1 mo ago

Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia

Quick Summary AI Powered

The Federal Reserve last week hiked its benchmark interest rate by 75 basis points (0.75%) to between 1.5% and 1.75%.

Thursday's policy meeting was the last for Diokno as central bank chief.

The Philippines' central bank hiked its key rate for the second straight meeting on June 23.


More Pictures


or

Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceAsia

Topics: Thursday Policy Points Basis Bank Inflation Increase Last Central Rate Hike

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 07:03:00

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Reading Time: 4 minutes read

Article Length: 629 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 6043

View Article Analysis

About Nikkei Asia

Nikkei Asia Logo

Main Topics: InvestingFinanceAsia

Official Website: asia.nikkei.com

Update Frequency: 32 posts per day

Year Established: 1876

Headquarters: Japan

News Last Updated: 9h ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +9:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #19

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.