THE weaker-than-expected economic growth in the third quarter will allow the Bangko Sentral ng Pilipinas (BSP) to continue cutting rates, analysts said, though this outlook is clouded by the Federal ...
The BSP’s policy-setting Monetary Board is scheduled to meet on November 17, 2023, to decide on key policy rates. Remolona had earlier said that a 25 basis point hike is possible next month.
GIVEN the latest monetary policy action of the Monetary Board, international and local analysts expect the Bangko Sentral ng Pilipinas (BSP) terminal rate to be brought down to 5 percent next year.
The Bangko Sentral ng Pilipinas (BSP) on Wednesday cut the policy interest ... for a “measured” shift to a less restrictive monetary policy. The decision of the powerful Monetary Board ...
THE Bangko Sentral ng Pilipinas cut the interest rates by 25 basis points from 6.25 percent to six percent during its monetary policy meeting on Wednesday, Oct.
BSP Monetary Policy Sub-Sector Assistant Governor Zeno Ronald R. Abenoja said the main driver of the adjustments made on the inflation expectations was oil prices. Nonetheless, the forecasts are ...
THE PHILIPPINE central bank’s rate-cutting cycle is expected to boost household spending and business activity, allowing companies to get funding for expansion on cheaper terms, Metropolitan Bank & ...
Yields on Treasury bills (T-bills) rose for the third consecutive week on Monday, as the Bangko Sentral ng Pilipinas (BSP) ...
HSBC economist for ASEAN Aris Dacanay said the BSP would likely lower interest rates by a quarter of a percentage point on Oct. 16, bringing the key policy rate down to six percent. “Monetary ...
In a briefing following the Monetary Board’s policy review, the BSP brought down its target reverse repurchase rate to six percent from 6.25 percent, in its second straight easing after four years.