The Bangko Sentral ng Pilipinas raised interest rates by another quarter of a point to arrest rising consumer prices.<br /><br />Inflation soared to 5.4 percent last month the fastest in over 3 years.<br /><br />Will the fresh rate hike reduce economic risks?<br /><br />Let’s get some insights from Nomura Chief ASEAN Economist Euben Paracuells live from Singapore.<br /><br />Visit our website for more #NewsYouCanTrust: https://www.cnnphilippines.com/<br /><br />Follow our social media pages:<br /><br />• Facebook: https://www.facebook.com/CNNPhilippines<br />• Instagram: https://www.instagram.com/cnnphilippines/<br />• Twitter: https://twitter.com/cnnphilippines<br />
