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BSP starts new hiking cycle – Commerzbank

Commerzbank highlights that BSP raised its policy rate by 25bp to 4.50%, signalling the start of a new tightening cycle to anchor inflation expectations. Despite a hawkish tone and higher inflation forecasts, the Peso underperforming regional peers since the Iran war as the Philippines remains highly exposed to Middle East energy prices.Rate hike fails to lift weak currency”The Bangko Sentral ng Pilipinas (BSP) raised the target reverse repo rate by 25bp to 4.50%. The market…

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Blackmail and better grades: How the AI revolution is reshaping American life

As the world enters what experts call the “Fourth Industrial Revolution,” American business leaders are placing a massive bet on the future of the republic. FOX Business’ “Mornings with Maria” went inside the high-stakes world of artificial intelligence, revealing how titans of banking, defense and tech are investing hundreds of…

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Investing

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