Monetary Board Raises BSP Key Policy Rate By 50 Basis Points
The Monetary Board raised the BSP key policy rate by 50bps. The Monetary Board raised the key policy rate of the Bangko Sentral ng Pilipinas (BSP) anew by 50 basis points (bps). On Thursday, the central bank raised its policy rate by 50bps hours after the US Federal Reserve (Fed) announced another aggressive rate hike. … Read more
