PH may implement up to 5 rate hikes due to inflation risks

CEBU CITY, Philippines – The Philippines may need to impose as many as five interest rate hikes this year to tame inflation pressures worsened by rising global oil prices and a weakening peso, according to a top executive of BDO Unibank Inc. Speaking during the Cebu Economic Briefing of the Sy-led bank, Ritz Ocampo, its

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