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  1. The Philippine market is reacting to US Fed actions and BSP policy decisions, influenced by ongoing US-Iran hostilities.

BSP manages policy to stabilize the Philippine economy amidst external pressures.

2 reports, 1 independent Updated Sep 21
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What happened

Some supportReported by 1 outlet

BSP manages policy to stabilize the Philippine economy amidst external pressures.

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  1. ADB monitors market conditions despite the ongoing policy rate hikes implemented by the Bangko Sentral ng Pilipinas.Sub-event
  2. US Fed rate hikes prompt BSP off-cycle hikes to stabilize the Philippine economy.1 source

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