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Philippines hikes rate while signaling gradual normalisation

The Philippine central bank raised its key interest rate for the first time since 2018 to combat Southeast Asia’s second-fastest inflation.

Philippines Holds Key Rate to Spur Growth Amid Higher Prices

Philippines Holds Key Rate to Spur Growth Amid Higher Prices
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EM Review: Risk Assets Extended Rally on Stimulus Progress, Fed

EM Review: Risk Assets Extended Rally on Stimulus Progress, Fed Bloomberg 12/21/2020 Lilian Karunungan, Netty Ismail and Aline Oyamada © Bloomberg Visitors view the electronic board displaying stock activity at the Brasil Bolsa Bacao (B3) stock exchange in Sao Paulo, Brazil, on Thursday, May 18, 2017. Brazil s Ibovespa Index tumbled 7.9 percent, the most since August 2011, as political crisis returned to the country after last year s impeachment process. (Bloomberg) Emerging-market stocks and currencies gained for a seventh week last week, the longest winning streak since January, amid progress on a U.S. stimulus bill and as the Federal Reserve pledged to remain accommodative. Central banks in Mexico, Indonesia, Russia and Colombia all kept interest rates unchanged.

Risk Assets Extend Rally on Stimulus Progress, Fed: EM Review

EM Review: Risk Assets Extended Rally on Stimulus Progress, Fed Bloomberg 12/21/2020 Lilian Karunungan, Netty Ismail and Aline Oyamada © Bloomberg Visitors view the electronic board displaying stock activity at the Brasil Bolsa Bacao (B3) stock exchange in Sao Paulo, Brazil, on Thursday, May 18, 2017. Brazil s Ibovespa Index tumbled 7.9 percent, the most since August 2011, as political crisis returned to the country after last year s impeachment process. (Bloomberg) Emerging-market stocks and currencies gained for a seventh week last week, the longest winning streak since January, amid progress on a U.S. stimulus bill and as the Federal Reserve pledged to remain accommodative. Central banks in Mexico, Indonesia, Russia and Colombia all kept interest rates unchanged.

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