Philippines' Economic Balancing Act: Not Your Average Fortune Cookie Prediction
Key Points
- Philippines' economic growth forecast downgraded to 5.6%, fa...
Ever tried juggling flaming torches while riding a unicycle? That's basically what the Philippines is doing with its economy right now, minus the circus music.
US Tariffs: The Gift That Keeps on Taking
HSBC just crashed the party with a downgraded growth forecast for the Philippines, dropping it to 5.6 percent from 5.9 percent. First quarter GDP growth hit a modest 5.4 percent - not quite the government's ambitious 6.0-8.0 percent target. It's like aiming for an A+ but settling for a B-, still passing but not quite Instagram-worthy.
The BSP's Magic Money Moves
Good news though! The P...
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