MANILA (Reuters) – The Philippine central bank kept its benchmark interest rate steady at 6.25% for a fourth straight meeting on Thursday.
All but two of the 25 economists in a Sept. 12 to 18 poll by Reuters had expected the central bank to leave its overnight borrowing rate unchanged. Two predicted a rate hike of 25 basis points.
(Reporting by Neil Jerome Morales and Mikhail Flores; Editing by Martin Petty)
