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.
Two economists at UOB Global Economics & Markets Research said the Philippines' inflation reading supports a near-term pause in rate increases by the central bank, citing CPI data released earlier. They said the data allow the central bank to assess the lagged impact of cumulative tightening and gain greater visibility on the inflation outlook.