The Philippine central bank paused its monetary policy tightening on Thursday after ten consecutive rate hikes and signaled that rates will remain at the current levels in the near term.
The Monetary Board of the Bangko Sentral ng Pilipinas kept the interest rate on the overnight reverse repurchase facility at 6.25 percent.
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Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.