BSP delivers first interest rate hike in 2 years

MANILA, Philippines — For the first time in more than two years, the Bangko Sentral ng Pilipinas (BSP) raised its benchmark interest rate on Thursday, responding to a fresh surge in inflation fueled by oil price shocks linked to the Middle East war. The Monetary Board, the top policymaking body of the BSP, lifted the […]... Keep on reading: BSP delivers first interest rate hike in 2 years

Go to News Site