MANILA – Philippine Finance Secretary Benjamin Diokno said he expected the central bank, of which he is a policymaker, to take a 'long pause' in raising interest rates as inflation is expected to ebb. The bank held its key policy rate steady at 6.25 percent for a second straight meeting on Thursday. 'I think we will continue to maintain,' Diokno told reporters on Friday. 'It will be a long pause. I don't see any cut until we really have that strong evidence of a decline' in inflation, Diokno said.

https://business.inquirer.net/407328/philippine-finance-secretary-sees-long-pause-in-rate-hikes

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