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'Godzilla El Niño' is wreaking havoc with Philippine central bank's inflation forecasts

CPI / InflationOil

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  • USO

    WTI proxy (USO)

    153.09

    +1.36%

Indicative and delayed. Some markets use ETF proxies.

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The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.

Source: CNBC Economy

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