Philippines watching US on rate move: Finance chief

carlos

MANILA (Bloomberg): The Philippines is watching the pace of the Federal Reserve’s monetary policy normalisation as it weighs the timing of its own interest-rate move, according to the nation’s finance chief and a central bank rate-setter.

"We don’t want to be behind the eight ball here,” Finance Secretary Carlos Dominguez (pic) said in an interview with Bloomberg Television’s Kathleen Hays.