Inflation, rate hike worries to weigh on stock market

By Ed Paolo Salting

Feb 20, 2023 12:25 am

THE stock market could head lower this week given heightened concerns over inflation and interest rate hikes.

The Philippine Stock Exchange index (PSEi) closed at 6,779.02 last Friday, down 14.2 percent from a week earlier and its lowest in a little over a month.

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