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Fundamental Analysis Posted 27 min ago

Philippine core inflation persists; Q4 rate hike likely

News
Philippine headline CPI eased marginally, but core inflation remains sticky with El Niño driving food-price risks, suggesting prices will stay above the central bank's target. ING forecasts another rate hike in Q4. USD/PHP may face upward pressure if hawkish BSP guidance firms, but impact is secondary to Fed repricing dominating FX flows this week.
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