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Economists bet on one more rate hike

Economists bet on one more rate hike
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Philippines Is Set for Rate Pause After Last Month's Off-Cycle Hike

Philippines Is Set for Rate Pause After Last Month's Off-Cycle Hike
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Philippine central bank likely to hold rates at 6.5% on Thurs, may hike again in Dec: Reuters poll

The Philippine central bank will keep its key interest rate unchanged at 6.50% on Thursday after an off-cycle 25 basis-point hike on Oct. 26, according to a Reuters poll of economists who were split on the likelihood of another hike in December. Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that last month's surprise hike was to catch up on its monetary policy response and that rates would stay higher for longer until a "sustained downward trend in inflation becomes evident." Core inflation, which strips out food and energy, was at a 13-month low.

Hugh lawsonBangko sentralEli remolonaSarah tanVeronica dudei maia khongwirMilounee purohitDebalika sarkarVeronica dudei maiaGovernor eli remolonaPhilippine central bankInterest rateGovernor eli remolona

Philippine central bank likely to hold rates at 6.5% on Thurs, may hike again in Dec

The Philippine central bank will keep its key interest rate unchanged at 6.50% on Thursday after an off-cycle 25 basis-point hike on Oct. 26, according to a Reuters poll of economists who were.

Veronica dudei maia khongwirSarah tanEli remolonaHugh lawsonMilounee purohitBangko sentralDebalika sarkarGovernor eli remolonaVeronica dudei maia

BSP likely to hold rates at 6.5% on Nov 16, may hike again in Dec -Reuters poll

BSP likely to hold rates at 6.5% on Nov 16, may hike again in Dec -Reuters poll
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