BusinessWorld E-paper
November 04, 2022
THE BANGKO SENTRAL ng Pilipinas (BSP) said it plans to
raise its key policy rates by 75 basis points (bps) at its next meeting,
matching the US Federal Reserve’s latest monetary tightening.
The Fed delivered its fourth straight 75-bp rate increase on
Wednesday, as it continues to fight persistent inflation. (Read
related story “Fed jacks up interest rates again, hints at smaller increases ahead,” https://bit.ly/Fed110322).
