Economy update, 8.24.2009

Nose bleed alert! ———- As of 8.24.2009 1. Philippine rates kept steady As expected the Philippine central bank kept overnight rates unchanged at its policy meeting Thursday. COMMENT: This halts the easing cycle that has caused a 200 basis points cut since December. The CB is expected to keep a wait and see attitude regarding … Continue reading Economy update, 8.24.2009

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