Macro Finance
Philippine Central Bank Keeps Rate Hike on Table Despite Weak GDP Growth
Bloomberg Markets·August 10, 2026·1 min read
Philippine central bank Governor Eli Remolona said the bank is ready to tighten monetary policy further to guide inflation back to target. He added there is less pressure to do so after last quarter's surprise economic slowdown. The rate hike option remains on the table despite weak GDP growth.
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