MANILA/JAKARTA -- The central banks of the Philippines, Indonesia and some other Asian economies moved to raise benchmark interest rates on Thursday, as policymakers step up efforts to restrain inflation.
Economy
Philippines, Indonesia lift interest rates again to curb inflation
Taiwan and others also hike as Asian central banks follow U.S. tightening
The central banks of Indonesia and the Philippines have both been tightening to rein in inflation. (Source photos by Reuters)
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