Saturday 22 September 2018
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businessmirror
8 days ago

DOF chief Dominguez spurns calls for early rate hike

FINANCE Secretary Carlos Dominguez, a member of the central bank’s Monetary Board, said there’s no need for an out-of-cycle interest-rate increase as policy makers are focusing on the longer-term inflation outlook. “We have decided not to have an off-cycle rate hike before September 27,” Dominguez told reporters on the sidelines of a closed-door inflation briefing [ ]

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