BSP raises interest rates by 25 BPS

Published Jun 23, 2022 10:38:32 PM

The Bangko Sentral ng Pilipinas raised interest rates by another quarter of a point to arrest rising consumer prices.

Inflation soared to 5.4 percent last month the fastest in over 3 years.

Will the fresh rate hike reduce economic risks?

Let’s get some insights from Nomura Chief ASEAN Economist Euben Paracuells live from Singapore.