The Central Bank of the Philippines has raised its key interest rate by 0.25%, bringing it to 4.5%, in an effort to curb rising inflation despite concerns about slowing economic growth. The decision came as a surprise to some analysts.
The Czech National Bank has kept its key interest rate at 3.50%, emphasizing the importance of a tight monetary policy and its intention to closely monitor the economic situation before making further decisions.
Donald Trump stated that the issue of returning revenues from canceled tariffs remains unclear and may require lengthy legal proceedings that could drag on for several years.
The decision of the US Supreme Court to overturn the tariffs imposed by the Trump administration raises questions about compensation for companies and potential changes in business models and the country's economy.