BALI, Indonesia/MANILA -- The central banks of Indonesia and the Philippines both raised their benchmark interest rates on Thursday, as the two Southeast Asian economies seek to tame inflation.
Prices rising faster than central bank targets in both Southeast Asian nations

The central banks of Indonesia and the Philippines both raised rates on Thursday. (Source photos by Reuters)
BALI, Indonesia/MANILA -- The central banks of Indonesia and the Philippines both raised their benchmark interest rates on Thursday, as the two Southeast Asian economies seek to tame inflation.