Bangko Sentral hikes benchmark interest rate by 75-bps to match Fed, fight inflation | ANC
Market Edge: The Bangko Sentral ng Pilipinas on Thursday hiked its benchmark interest rate by 75 basis points to 5 percent, as earlier announced. The BSP said this was to match the US Federal Reserve's earlier adjustment and to tame inflation. For more ANC Interviews, click the link below: • ANC Interviews For more COVID-19 videos, click the link below: • ANC COVID-19 Reports For more Rundown videos, click the link below: • Rundown Subscribe to the ANC YouTube channel! / ancalertss Visit our website at https://news.abs-cbn.com/anc Facebook: / ancalerts Twitter: / ancalerts #ANCNews #ANCHighlights #ANCAlerts