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Singapore, Philippines tighten monetary policy to combat inflation fears Today Philippines NewsSingapore as well as the ...
16/07/2022

Singapore, Philippines tighten monetary policy to combat inflation fears Today Philippines News
Singapore as well as the Philippines central banks have announced a surprising tightening of their monetary policy, the latest indicator of increased fears of inflation across Asia Pacific. Asia Pacific.

Bangko Sentral ng Pilipinas (BSP) increased their benchmark interest rates by 0.75 percent in an unscheduled rate increase on Thursday. The central bank indicated it was prepared to further take action to curb rising inflation.

Singapore, Philippines tighten monetary policy to combat inflation fears Today Philippines News,

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