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Big central banks move to wait-and-see mode

Howard Schneider, Francesco Canepa and Leika Kihara, Reuters
Posted at Nov 03 08:26 PM

It is an easing wave that appears to have crested for now. Read more »

Indonesian central bank cuts policy rate by 25 basis points

Kyodo News
Posted at Oct 24 06:59 PM

Indonesia's central bank on Thursday cut its benchmark interest rate for the fourth straight month in an attempt to boost domestic economic growth. Read more »

Cash remittances hit $2.6-B in August, up 4.6 percent

ABS-CBN News
Posted at Oct 15 03:00 PM

This brought total remittances for the first 8 months of the year to $19.8 billion, higher by 3.9 percent than the same period in 2018. Read more »

P20 coin coming in 2020, says Bangko Sentral

ABS-CBN News
Updated as of Oct 14 02:42 PM

The BSP said it would also release an "enhanced" version of the P5 coin to make it more distinct from other coins. Consumers have complained that the P5 coin is difficult to tell apart from the P1 coin. Read more »

BSP: Inflation may pick up towards end of 2019

ABS-CBN News
Posted at Oct 04 11:50 PM

Despite lower inflation for September, the Philippine central bank, as well as some analysts, believe several wild card factors could still push the consumer price index higher towards the end of the year.  Read more »

Inflation seen sliding further in September

Reuters
Posted at Oct 03 02:09 PM

The median estimate for September inflation stood at 1.1 percent, the poll showed, which would be the lowest in more than three years.    Read more »

P3 hike in interbank ATM fees approved for some banks

ABS-CBN News
Posted at Sep 26 02:18 PM

Some banks will be allowed to hike their interbank ATM transaction fees by up to P3, the Bangko Sentral ng Pilipinas confirmed on Thursday.  Read more »

BSP seen cutting rates for 3rd time this year on Thursday

Karen Lema, Reuters
Posted at Sep 23 07:15 PM

Ten out of 11 economists polled expect the central bank to use the room afforded to it by slowing inflation to cut the rate on its overnight reverse repurchase facility by 25 basis points to 4 percent.  Read more »

Indonesian central bank cuts policy rate to 5.25 percent

Kyodo News
Posted at Sep 19 10:27 PM

Indonesia's central bank on Thursday cut its benchmark interest rate for the third straight month in an attempt to boost domestic economic growth. Read more »

Why is the NY Fed pumping billions into the money market?

Juliette Michel, Agence France-Presse
Posted at Sep 19 09:12 AM

To bring rates down, the New York Fed pumped fresh liquidity into the system through repo operations -- $53 billion on Tuesday, $75 billion on Wednesday, with another $75 billion planned for Thursday morning. Read more »

Ph shares join regional upswing on ECB easing

ABS-CBN News
Posted at Sep 13 11:45 PM

Philippine shares chimed in on the regional rally on the back of the European central bank's policy easing.  Read more »

Asian shares advance on US-China trade hopes, ECB stimulus

Hideyuki Sano, Reuters
Posted at Sep 13 09:55 AM

MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.2 percent, while Japan's Nikkei rose 0.4 percent. Read more »

PH shares buck regional upswing as investors await key central bank meetings

ABS-CBN News
Posted at Sep 12 11:26 PM

Philippine shares skipped out on a regional rally as investors await key central bank meetings.  Read more »

World's central banks cut rates as recession worries mount

Jeanna Smialek and Karl Russell, The New York Times
Posted at Aug 16 09:30 AM

The moves collectively end an era when major central banks hoped, and in some cases tried, to return low rates and large balance sheets — hallmarks of recovery efforts after the Great Recession — back to normal levels. Read more »

Cash remittances up 3.2 percent to $14.6B in first half

ABS-CBN News
Updated as of Aug 15 07:48 PM

Cash remittances from overseas Filipinos hit $14.6 billion in the first six months of the year, up 3.2 percent from the same period last year, the Bangko Sentral ng Pilipinas said on Thursday.    Read more »

Bangko Sentral pushes for electronic alternatives to ATM

Waren De Guzman, ABS-CBN News
Posted at Aug 14 03:03 PM

BSP Deputy Governor Chuchi Fonacier said there were several other options besides ATMs for customers' banking needs.  Read more »

Bank lending growth slows; domestic liquidity expands: BSP

ABS-CBN News
Posted at Jul 31 07:13 PM

MANILA - The Bangko Sentral ng Pilipinas said bank lending posted slower growth in June compared to May.  Read more »

Equities fall, bond yields rise on Draghi remarks, mixed earnings

Stephen Culp, Reuters
Posted at Jul 26 07:53 AM

The ECB signalled its intention to explore monetary easing but left interest rates unchanged, and bank President Mario Draghi struck a more upbeat tone on the economy than investors expected, sending US and European equities lower and boosting sovereign debt yields. Read more »

With finger on trigger, European Central Bank aims at more stimulus

Balazs Koranyi and Francesco Canepa, Reuters
Posted at Jul 25 08:30 AM

With inflation stuck well below its target and the US Federal Reserve already in easing mode, the ECB has flagged more stimulus, hoping to prop up confidence amid a steady flow of bad news that threatens to unravel years of unprecedented support. Read more »

Duterte jokes on how Diokno wound up in the Bangko Sentral

ABS-CBN News
Updated as of Jul 22 10:09 PM

President Rodrigo Duterte joked that he got tired of being told there was no budget for his projects, and so he decided to "throw" his budget secretary to the central bank.  Read more »