Philippines to Stand Pat on Rate as Weak Peso Limits Options
(Bloomberg) -- The Philippine central bank is set to maintain its benchmark interest rate at a 17-year high on Thursday, as weakness in the local currency and stubborn inflation keep policymakers from pivoting to easing yet.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Markets WrapUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of Unsold Homes to Save Propert