Diokno hints on possible rate hike in June
POSSIBLE RATE HIKE. Bangko Sentral ng Pilipinas Governor Benjamin Diokno hints on a possible rate hike in June once monetary authorities assess, among others, the economic growth output in the first quarter of 2022. He discounted the need to immediately follow the Federal Reserve's policy rate decision. (Photo from BSP) MANILA - Monetary officials will likely consider a hike in the central bank's key rates in June, or once the 2022 first-quarter domestic output report is out, Bangko Sentral Pilipinas (BSP) Governor Benjamin Diokno said. In an interview over Bloomberg television on Tues...