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US Fed cuts key interest rate a quarter point, citing 'uncertainties'

Agence France-Presse
Posted at Sep 19 03:56 AM

The US Federal Reserve cut its benchmark interest rate for the second time this year on Wednesday but its policy committee is divided, with three of 10 voting members dissenting.   Read more »

Trade deficit shrinks in June as exports rebound

ABS-CBN News
Posted at Aug 07 12:26 PM

Exports reached a total of $6.01 billion, reflecting a 1.5 percent increase compared to the $5.92 billion in June 2018, according to the data released by the Philippine Statistics Authority. Read more »

Inflation to ease further as food prices fall: Bangko Sentral

ABS-CBN News
Posted at Jul 19 01:03 PM

Inflation settled at 3 percent in the second quarter from 3.8 percent in the previous quarter as falling food prices offset price spikes in fuel, data from the BSP showed. Read more »

Pag-IBIG Fund, ipipirmi ang interest rate sa housing loan

ABS-CBN News
Updated as of Jul 18 11:09 PM

Pananatilihin ng Pag-IBIG sa 3 percent ang interes ng socialized housing at 5.375 percent sa regular housing loan.  Read more »

Peso poised to strengthen further as dollar weakens: analyst

ABS-CBN News
Updated as of Jul 18 03:35 PM

The local unit may reach P50 to a dollar, as the market expects another 25-basis point rate cut by the Fed by the end of July, BDO Unibank chief strategist Jonas Ravelas told ANC. Read more »

Peso hovers near 18-month high as dollar weakens

ABS-CBN News
Updated as of Jul 16 07:01 PM

The Philippine peso on Tuesday was at its strongest since January 2018 as the US dollar weakens amid expected monetary policy easing by the Federal Reserve. Read more »

Cooling inflation, growth raise chance of cut in benchmark rate, RRR: Reuters poll

Karen Lema, Reuters
Updated as of May 06 09:52 PM

Inflation in the Philippines likely eased for a sixth straight month in April, giving the Bangko Sentral ng Pilipinas (BSP) leeway to ease monetary policy to support a slowing economy, a Reuters poll showed.  Read more »

BSP to keep rates steady as inflation cools: Reuters poll

Karen Lema, Reuters
Posted at Feb 04 05:40 PM

A poll of 10 economists produced a median forecast for January inflation of 4.5 percent, which if confirmed would be the slowest annual pace of price increases since April, when the rate was also 4.5 percent. Read more »

In a shift, Fed will be 'patient' on future US rate hikes

Howard Schneider and Jason Lange, Reuters
Posted at Jan 31 06:43 AM

The US Federal Reserve on Wednesday held interest rates steady and, in a formal policy shift, vowed to be patient in further lifting borrowing costs, the clearest signal yet the tightening cycle it began in 2015 may have ended. Read more »

BSP pauses interest-rate hikes, as inflation eases

ABS-CBN News
Posted at Dec 13 11:46 PM

Key interest rates also remain unchanged for the first time since May. Read more »

Inflation seen at 6.8 percent in September: Reuters Poll

Reuters
Updated as of Oct 03 11:53 AM

The consumer price index in September was seen to have risen by 6.8 percent, a Reuters poll of 12 economists showed, faster than the 6.4 percent increase reported in August, due to rising global oil prices and crop losses after the region was hit by a super typhoon. Read more »

Doomsayers begin to see cracks in healthy world economy

Douglas Gillison, Agence France-Presse
Posted at Sep 30 08:47 PM

They point not to risky subprime mortgage lending, which sparked the last crisis 10 years ago, but instead to voracious borrowing by corporations and emerging market economies. Read more »

Indonesia hikes rates again to prop up slumping rupiah

Agence France-Presse
Posted at Sep 27 08:28 PM

Indonesia hiked interest rates again Thursday in a bid to shield the slumping rupiah from an emerging market selloff with the unit at levels last seen during the late-nineties Asian financial crisis.   Read more »

US Fed raises rates, sees at least 3 more years of economic growth

Reuters
Posted at Sep 27 03:22 AM

WASHINGTON - The Federal Reserve raised interest rates on Wednesday, as expected, and forecast three more years of economic growth as the US central bank left its policy for steady rate rises in place. Read more »

Philippine central bank seen hiking key rate by another 50 bps on Thursday: poll

Enrico Dela Cruz, Reuters
Posted at Sep 25 01:30 PM

All but one of 15 analysts surveyed expect the Bangko Sentral ng Pilipinas (BSP) to raise the reverse repo rate to 4.50 percent Read more »

Expert sees adjusted PH growth forecast

ABS-CBN News
Updated as of Sep 24 04:32 PM

The country’s economy could grow 6.5 percent to 7 percent for 2018. Read more »

Peso may breach P54 vs $1 by year-end: HSBC

ABS-CBN News
Updated as of Jul 18 07:39 PM

HSBC revised its year-end peso forecast to P54.50 from P52. Read more »

Utang sa credit card, bangko, posibleng tumaas ang interes

ABS-CBN News
Posted at Jun 22 12:25 AM

May basehan ang mga bangko ngayon upang magtaas din ng kanilang interes sa credit card at iba pang pautang. Read more »

Indonesia hikes rates again to reverse rupiah slump

Agence France-Presse
Posted at May 30 06:23 PM

Indonesia's central bank hiked its key interest rate Wednesday for the second time this month to prop up the rupiah after it slumped to its lowest level in three years. Read more »

US stocks, dollar fall as Fed lifts interest rates

John Biers, Agence France-Presse
Updated as of Dec 12 06:12 PM

The dollar tumbled Wednesday while US stocks dipped after the Federal Reserve lifted interest rates but suggested it would not speed up the pace of additional hikes in 2018. Read more »