Global Central Banks Play Hot Potato with Interest Rates
Key Points
- Central banks are in a waiting game, with the Philippine cen...
Money doesn't grow on trees, but apparently interest rates do grow on central bankers' desks these days. As mid-February 2025 rolls around, financial markets are experiencing more mood swings than a cat watching a laser pointer, thanks to inflation worries and the ever-entertaining Trump trade policies.
The Waiting Game: Central Banks Edition
The Philippine central bank, led by Governor Eli Remolona, is pulling a "let's wait and see" move that would make procrastinators proud. They're holding rates steady while other emerging markets are going full throttle in opposite directions - Turkey'...
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