federal-reserve | ABS-CBN News

‘Good chance’ for BSP to pause hike later this year: analyst

ABS-CBN News
Posted at Mar 24 10:28 AM

The BSP may pause its interest rate hiking streak as the US Federal Reserve signaled to do the same later this year, an analyst said Friday. Read more »

After Fed, European central banks hike their rates

Agence France-Presse
Posted at Mar 23 06:31 PM

Switzerland and Norway hiked interest rates Thursday to tackle inflation despite banking-sector turmoil, with the UK's central bank next in line after the US Federal Reserve also lifted borrowing costs. Read more »

US Fed lifts key interest rate amid banking sector fears

Agence France Presse
Updated as of Mar 23 01:23 PM

The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector. Read more »

US Fed mulls more rate hikes amid banking uncertainty

Agence France-Presse
Posted at Mar 22 02:58 PM

The majority of futures traders predict the Fed will increase its benchmark lending rate by 25 basis points to a range of 4.75-5.00 percent, according to CME Group. Read more »

Asia tracks Wall St rally as Fed decision replaces bank worries

Agence France-Presse
Updated as of Mar 22 02:22 PM

Asia extended a global equities rally Wednesday as more pledges of government support soothed worries over the banking sector. Read more »

Bank shares wobble after Credit Suisse buyout

Agence France-Presse
Posted at Mar 21 03:30 AM

US and European stock markets rose but bank shares wavered in volatile trading on Monday after financial authorities scrambled to ease fears of a crisis in the banking system. Read more »

BSP likely to hike rates 25 bps or keep steady: Diokno

Jekki Pascual, ABS-CBN News
Posted at Mar 20 04:50 PM

Finance Secretary Benjamin Diokno said the Bangko Sentral ng Pilipinas could raise the benchmark rate by 25 basis points or keep it steady on its next meeting this month. Read more »

US Fed, other central banks move to boost global dollar liquidity

ABS-CBN News
Posted at Mar 20 08:39 AM

The US Federal Reserve and other major central banks announced a coordinated effort to improve banks' access to liquidity, hoping to calm worries rattling the global banking sector. Read more »

Medalla says US Fed may hike interest rate by 25 basis points

ABS-CBN News
Posted at Mar 17 11:12 AM

The US Federal Reserve may hike interest rate by just 25 basis points during its policy setting meeting this March, BSP Gov. Felipe Medalla said. Read more »

SVB collapse causes headaches for US Fed before rate decision

Daniel Avis, Agence France-Presse
Updated as of Mar 15 08:28 AM

The dramatic implosion of Silicon Valley Bank (SVB) last week could bring the Federal Reserve's current cycle of interest rate hikes to an end far sooner than expected. Read more »

Markets drop as traders nervously await US jobs data

Agence France-Presse
Posted at Mar 09 05:46 PM

Asian stocks mostly fell Thursday ahead of key US jobs data at the end of the week, after the Federal Reserve warned it could ramp up its pace of interest rate hikes. Read more »

Fed mulls bigger rate hikes to cool US economy

Daniel Avis, Agence France-Presse
Posted at Mar 08 08:23 AM

The United States is prepared to speed up interest rate hikes –- and could raise them higher than anticipated -- if needed to cool inflation and a strong jobs market, Federal Reserve Chair Jerome Powell said. Read more »

PSEi ends week higher amid hawkish tone from Fed

ABS-CBN News
Posted at Mar 04 01:25 AM

The Philippine Stock Exchange index caps the week higher due to a less hawkish tone from a U.S. Federal Reserve official. Read more »

Global equities advance on lower rate hopes

Agence France-Presse
Posted at Mar 03 08:31 PM

World stock markets rose Friday after a top Federal Reserve official said he would back a small interest rate hike at its next meeting and hinted at a possible summer pause. Read more »

Fed official warns of more rate hikes on 'too hot' data

Agence France-Presse
Posted at Mar 03 08:44 AM

The US Federal Reserve may have to raise interest rates to a higher level than earlier anticipated if "data reports continue to come in too hot," Fed Governor Christopher Waller warned. Read more »

Asian markets drop on rate fears as US inflation runs hot

Agence France-Presse
Posted at Feb 27 02:20 PM

Asian markets sank Monday following a Wall Street selloff, as forecast-beating US inflation data reinforced expectations the Federal Reserve would continue to ramp up interest rates for some time. Read more »

BSP seen to implement more rate hikes due to elevated inflation: Fitch

ABS-CBN News
Posted at Feb 20 12:21 PM

The Bangko Sentral ng Pilipinas is seen to continue hiking the country's key policy rate in the first half of 2023 due to the elevated inflation, Fitch Solutions said. Read more »

Asian markets mostly up but rate worries keep optimism in check

Agence France-Presse
Posted at Feb 08 03:59 PM

Sydney, Seoul, Singapore, Wellington, Taipei, Manila, Mumbai and Jakarta all rose Wednesday but Hong Kong, Shanghai, Tokyo and Bangkok fell. Read more »

US inflation starting to slow but long, 'bumpy' road ahead: Powell

Agence France-Presse
Posted at Feb 08 08:40 AM

US inflation is starting to cool but the road ahead will likely be long and bumpy, Federal Reserve Chair Jerome Powell warned Tuesday, adding that stronger-than-expected economic data could bring more rate hikes. Read more »

Asian markets rebound from Fed sell-off but traders still uneasy

Agence France-Presse
Posted at Feb 07 12:05 PM

Asian markets squeezed out gains Tuesday, giving investors some relief from a recent sell-off fuelled by worries that US interest rates will go higher than feared following last week's blockbuster jobs report. Read more »