The Bangko Sentral ng Pilipinas could slash key interest rates by as much as 50 basis points in a single move, but the BSP ...
HEADLINE INFLATION likely slowed to a near four-year low in September amid falling prices of rice and fuel, giving the Bangko Sentral ng Pilipinas (BSP) room to cut benchmark interest rates further, ...
The Bangko Sentral ng Pilipinas (BSP) on Monday hinted at the possibility of following the Federal Reserve and delivering a ...
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is expected to deliver more rate cuts ... from the cut in rice import tariffs, which was effective in July, has yet to materialize ...
Inflation eased across all regions, with the National Capital Region seeing a drop to 1.7% in September 2024, down from 2.3% in August 2024 and a significant decrease from 6.1% in September 2023.
Figures out on Wednesday are likely to show inflation extraordinarily low. They will add to the pressure on the governor to ...
AllCard is now in hot water after the BSP cut its contract over failures in delivering raw materials and maintaining leased printing machines, among others. While the BSP and AllCard have yet to ...
Earlier this year, billionaire hedge fund manager Bill Ackman, among others, suggested the Fed would cut rates multiple times this year. Although that is yet to happen, I think the notion of ...
Still, it did not "settle the 25 versus 50 basis point rate cut debate on Wall Street or on the FOMC." Despite labor market cooling, there's "no reason to panic," Anderson said, and a 25-basis ...
and that the Fed cut rates by half a point to stay ahead of potential further weakness. He added that the Fed is not yet satisfied with the cooldown in inflation. A risk of lowering rates is that ...
"This cut in interest rates is yet another acknowledgement that Powell ... certainly fall from record highs in coming months, (but) no one should expect dramatically reduced credit card bills ...
Wall Street investors are pricing in virtually no chance of a rate cut of this magnitude, nor have any major Fed officials voiced support for a move like this. Yet Warren, a fierce critic of ...