Central Bank of the Philippines Interest Rate Hiked to 6.25%
The new Filipino overnight repo rate of 6.25% marks its highest level since 2007 and a rise of 425 basis points since the pandemic low of 2.0%. CPI inflation of 8.6% last month was almost as high as January’s 14-year peak of 8.7%. Projected inflation has been revised upward but is seen setting in the […]
The new Filipino overnight repo rate of 6.25% marks its highest level since 2007 and a rise of 425 basis points since the pandemic low of 2.0%. CPI inflation of 8.6% last month was almost as high as January’s 14-year peak of 8.7%. Projected inflation has been revised upward but is seen setting in the […]
