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MANILA, June 13 (Reuters) – The Philippine central financial institution’s financial coverage actions usually are not tied to the choices of the USA’ Federal Reserve, Bangko Sentral ng Pilipinas Governor Benjamin Diokno stated on Monday.
The U.S. Fed meets on June 14 to fifteen, with most economists anticipating a 50 foundation level fee hike. The Philippines has signalled one other fee improve for its June 23 coverage assembly. learn extra
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Reporting by Neil Jerome Morales and Enrico dela Cruz; Enhancing by Kanupriya Kapoor
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