Philippines inflation cited for central bank pause on rate hikes
Two UOB Global Economics & Markets Research economists say recent Philippines CPI data support a near-term pause in further rate increases by the central bank.
The Philippines' inflation reading supports a near-term pause in rate increases by the central bank, two economists at UOB Global Economics & Markets Research say, noting CPI data released earlier.
The data allow the central bank to "assess the lagged impact of cumulative tightening and gain greate…