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Wall Street sinks as U.S. inflation accelerates at its fastest pace since 2008. Asian shares fall after Wall Street's plunge. The PSE hits pause for a holiday after falling back to the 6,200 level. The BSP keeps interest rates at two percent and sees inflation easing further. Regina Capital Development Corp. managing director Victor Limlingan weighs in on the Philippine central bank's policy decision. Port magnate Enrique Razon defends plans to build a mega COVID-19 vaccination site in Parañaque City, calling opposition to the project "suspicious." Colonial Pipeline restarts operations after a six-day shutdown due to a cyberattack.

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