Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Philippine inflation hits six-year low, prompting expected interest rate cut to boost economy.

flag Philippine inflation dropped to a six-year low of 1.3% in May, likely prompting the central bank to cut interest rates by 25 basis points at its meeting on June 19. flag This rate cut is part of a broader easing policy to boost economic activity, with further reductions expected this year. flag The peso strengthened against the dollar, supported by low inflation and increased remittances. flag Despite risks like food price hikes, the central bank aims to maintain a dovish stance to achieve its economic growth targets.

9 Articles