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Philippines to ride out Fed storm on ample buffers, policy space

Saturday, May 28, 2016 - 05:50
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DIFFERENT TACK: The Philippines central bank may implement macroprudential measures to address risks in specific sectors

Manila

THE Philippines has enough firepower to fight shocks including excessive capital outflows should the US raise interest rates and the global economy falter, says central bank deputy governor Diwa Guinigundo.

"We will be able to ride out these eventualities," Mr Guinigundo

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