Bank of Singapore Sees Philippines Hiking Rates 2 to 3 Times This Year

The video discusses the impact of the US Federal Reserve's aggressive policies on Asian central banks, particularly focusing on the Philippines. It highlights that while the region's currencies are strong, individual countries like Malaysia and the Philippines are addressing inflation risks with rate hikes. The Philippines' economy is performing well despite concerns about trade balance deterioration, which is attributed to an investment boom. The video suggests that the Philippines may raise rates to prevent economic overheating.

What is the significance of the investment boom mentioned in relation to the Philippines' economy?

What inflation pressures are mentioned in the text, and how might they affect interest rates?