Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Created with Sketch.Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia Daily News 😓😄😲 Philippines hikes key interest rate again as inflation accelerates - Nikkei Asia
Economy

Philippines hikes key interest rate again as inflation accelerates

Second hike in two months raises benchmark to 2.5%; Indonesia stands pat

The Philippines' central bank hiked its key rate for the second straight meeting on June 23.   © Reuters

MANILA -- The Philippines' central bank on Thursday raised its key interest rate by 25 basis points, to 2.5%, as it strives to temper accelerating inflation.

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