Faltering Philippine Growth Spurs Calls for State Action, Pause in Rate Hikes

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A surprise slowdown in Philippine economic growth has prompted calls for the central bank to moderate interest-rate increases. Advocates are also urging President Ferdinand Marcos Jr. to take stronger steps to revive the economy.

A surprise slowdown in the Philippine economy has triggered calls for the central bank to go easy on interest rate increases, and for President Ferdinand Marcos Jr. to do more to revive growth.

World Politics Markets Philippines economic growth central bank interest rates Ferdinand Marcos Jr. economic policy

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