Philippine central bank Governor Eli Remolona said the economy can handle another quarter-point increase in the benchmark interest rate, suggesting policymakers are ready to hike again next month.
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Philippine central bank Governor Eli Remolona said the economy can handle another quarter-point increase in the benchmark interest rate, suggesting policymakers are ready to hike again next month.
Three consecutive downside inflation surprises and the slowest private-sector wage growth since 2020. It should be enough to convince investors that the Bank of England is entertaining interest rate cuts.
An unprecedented transfer of wealth in the coming decades is likely to disproportionately benefit America’s most affluent families, boosting their fortunes by trillions of dollars, according to a July report…