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Philippine Central Bank Unexpectedly Hikes Key Rate by 75 Basis Points

Posted

July 14, 2022

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The Philippine central bank unexpectedly raised its key interest rate by 75 basis points to 3.25% in an unscheduled move. Governor Felipe Medalla made the announcement via Facebook. Kathleen Hays reports on Bloomberg Television.

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The PhilippineGovernor Felipe MedallaFacebook Kathleen Hays

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Philippine Central Bank Unexpectedly Hikes Key Rate by 75 Basis Points · Bloomberg Television · Sentinel