interest-rate | ABS-CBN News

PH shares end week higher amid interest rate hike pause

ABS-CBN News
Posted at May 20 01:25 AM

Philippine shares capped the trading week higher as investors continued to cheer the pause in interest rate hikes. Read more »

BSP seen to keep interest rate at current level: Fitch Ratings

ABS-CBN News
Posted at May 19 10:26 AM

The Bangko Sentral ng Pilipinas is likely to keep the benchmark policy rate at its current level at 6.25 percent, depending on the inflation trend as well as the adjustments by the US Federal Reserve, Fitch Ratings Asia Pacific Financial Institutions Director Tamma Febrian said on Friday. Read more »

Japan inflation 3.4 percent in April, meeting market expectations

Agence France-Presse
Posted at May 19 08:34 AM

Japan's consumer prices rose 3.4 percent on-year in April, in line with market expectations, government data showed Friday. Read more »

BSP keeps rate steading on cooling inflation, higher Q1 growth

ABS-CBN News
Posted at May 18 10:34 PM

The Philippine central bank retained its benchmark interest rate of 6.25 percent after nine consecutive hikes. Read more »

Bangko Sentral keeps benchmark interest rate at 6.25 percent

ABS-CBN News
Updated as of May 18 04:33 PM

The Bangko Sentral ng Pilipinas on Thursday kept the benchmark interest rate at its current level of 6.25 percent after inflation eased for 3 straight months. Read more »

BSP mulls cutting required bank reserves

Lady Vicencio, ABS-CBN News
Updated as of May 17 06:28 PM

Bangko Sentral ng Pilipinas Governor Felipe Medalla said the Monetary Board may cut the reserve requirement ratio for banks instead of interest rates. Read more »

Digital banking unlocks new trends, deposit 'interest rate shopping'

ABS-CBN News
Posted at May 16 10:25 AM

Digital banks and fintech investments have paved the way for new consumer trends such as the preference for higher interest rates on deposits. Read more »

Top US Fed official does not rule out further rate hike

Agence France-Presse
Posted at May 10 08:39 AM

A top Federal Reserve official left the door open on a further interest rate hike to combat inflation, although stressing that the US central bank's future decisions must be data dependent. Read more »

Ayala Land net income jumps 42 pct to P4.5-B in Q1

ABS-CBN News
Posted at May 05 06:19 PM

Ayala Land Inc said its net income grew 42 percent to P4.5 billion in the first quarter of 2023 as business segments remain resilient despite higher interest rates. Read more »

U.S. Fed hikes key interest rate by 0.25 point to curb inflation

Kyodo News
Posted at May 04 06:59 AM

The US Federal Reserve on Wednesday raised its benchmark interest rate by 0.25 percentage point, pressing on with its aggressive monetary tightening Read more »

IMF urges European central banks to kill inflation 'beast' with rate hikes

Agence France-Presse
Posted at Apr 28 03:32 PM

The International Monetary Fund on Friday urged European central banks to "kill the beast" of inflation by pursuing interest rate hikes. Read more »

Consumers 'less pessimistic' in Q1; number of households with savings rises: BSP

ABS-CBN News
Posted at Apr 14 02:09 PM

The consumer sentiment in the Philippines was 'less pessimistic' in the first quarter of 2023, the Bangko Sentral ng Pilipinas said on Friday. Read more »

IMF's upgraded growth outlook signals PH is in 'good shape': Diokno

ABS-CBN News
Posted at Apr 14 10:30 AM

The IMF's upgrade on the Philippines' growth outlook for 2023 proved that the country is in good shape, Finance Sec. Diokno said. Read more »

BSP may pause rate hikes in next meeting: Medalla

ABS-CBN News
Updated as of Apr 13 10:46 AM

The Bangko Sentral ng Pilipinas could pause its interest rate hike streak in the next monetary policy meeting. Read more »

Businesses 'more confident' but see inflation staying up

ABS-CBN News
Posted at Mar 30 04:10 PM

Businesses are more confident in the economy for the first quarter, second quarter and the next 12 months, according to the survey released by the Bangko Sentral ng Pilipinas. Read more »

GoTyme gives 5 pct interest on savings as benchmark rises

ABS-CBN News
Posted at Mar 30 11:58 AM

The Gokongwei Group and GoTyme's digital bank GoTyme Bank said its users may enjoy an upgraded 5 percent annual savings interest rate through Go Save from the previous 3 percent interest rate. Read more »

BSP seen to hike rate 'one more time' as inflation remains elevated: economist

ABS-CBN News
Posted at Mar 28 12:06 PM

The BSP is seen to raise the country's benchmark interest rate by at least one more time as inflation remains elevated, an economist said. Read more »

‘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 »

PH shares close lower at 6,536 amid new central bank rate hike

ABS-CBN News
Posted at Mar 24 01:07 AM

Philippine shares closed in the red Thursday as investors anticipated tighter monetary policy. Read more »

Bangko Sentral hikes benchmark by 25 bps to 6.25 percent

ABS-CBN News
Updated as of Mar 23 05:41 PM

The Bangko Sentral ng Pilipinas has raised its benchmark rate by 25 basis points, bringing it to 6.25 percent. Read more »