Central Bank Watch
Rate Hike at the Central Bank of the Philippines
April 23, 2026
There’s been a 25-basis point central bank interest rate hike in the Philippines, its first increase since a similarly-sized move in October 2023 that lifted the rate then to cyclical high of 6.5% where it stayed until easing commenced in August 2024. Cuts totaling 75 basis points in the second half of 2024, 125 bps […] More
New Overnight Developments Abroad - Daily Update
Middle East Holding Spotlight: No Hopeful Signs & More Evidence of the War’s Economic Impact
April 23, 2026
Nothing encouraging has surfaced regarding a resumption of peace talks between the United States and Iran. Shipping traffic through the Strait of Hormuz remains stalled, and there have been more ship seizure incidents by both sides. Preliminary findings from April purchasing manager surveys and other data out today point to a big blow to business […] More
