Philippine growth slumps to 2.1%, the slowest since the pandemic, yet economists expect the BSP to keep raising rates: what it means for the peso and your loans
The Philippine economy grew just 2.1 percent in the third quarter, missing forecasts. HSBC, Bank of America and BPI still expect more BSP rate hikes as inflation bites, and the peso remains hostage to oil.
Market Authority7 min read
