PH to lean on interest rate hikes to arrest inflation

MANILA, Philippines — With war-related price shocks fueling price hikes, the Philippines may have little choice but to lean on higher interest rates to control inflation, as the government lacks the fiscal room for costly subsidies or sweeping price controls, Capital Economics said. In a note to clients, Gareth Leather, senior Asia economist at Capital […]... Keep on reading: PH to lean on interest rate hikes to arrest inflation

Original source: Philippine Daily Inquirer