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Tag: stays

  • Peso hits 58:$1 as Fed stays hawkish

    Peso hits 58:$1 as Fed stays hawkish

    THE BANGKO SENTRAL ng Pilipinas (BSP) warned it will intervene in the foreign exchange market as the Philippine peso on Tuesday closed at the 58-per-dollar level for the first time in over 18 months.

  • US labor market stays resilient

    WASHINGTON – The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week, pointing to continued labor market strength that is driving the economy. Labor market resilience, together with elevated inflation have led financial markets and some economists to expect that the Federal…