Bank Indonesia Holds Rate Steady
Indonesia's central bank left its benchmark rate unchanged on Thursday after an unexpected quarter-point hike in October to curb the fall in the rupiah currency.
Source: rttnews.com
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Monetary authorities 'keeping powder dry' | The Manila Times
PHILIPPINE monetary authorities are not ready to ease policy with inflation still expected to average above target next year, an analyst said.
Source: manilatimes.net
Philippine Central Bank Keeps Rate Unchanged
The Bangko Sentral ng Pilipinas kept its policy rates untouched on Thursday after an off-cycle rate hike in October and hinted at more tightening if required to steer inflation towards a target-consistent path.
Source: rttnews.com
Philippine Economy Logs Faster-Than-Expected Growth
(RTTNews) - The Philippine economy grew at a faster-than-expected pace in the third quarter underpinned by government spending and exports, offici...
Source: businessinsider.com
What Bangko Sentral's interest rate hike means for consumers and the economy
Rate hikes make credit more expensive with the goal of controlling inflation, but this also means people and businesses have less money to spend, potentially slowing down the economy
Source: rappler.com