By Kosaku NariokaThe Philippine central bank held its benchmark interest rate steady to support growth, as inflation has eased in recent months. Bangko Sentral ng Pilipinas on Thursday decided to keep its benchmark overnight borrowing rate at 2.00% and its corresponding lending rate at 2.50%. All eight economists surveyed by The Wall Street Journal had expected the central bank to hold rates steady.

Source: Wall Street Journal February 17, 2022 07:56 UTC