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China cuts loan rate as it battles coronavirus impact

Agence France-Presse
Updated as of Feb 20 03:17 PM

China on Thursday announced it would cut interest rates in a bid to boost the economy, as it battles the economic fallout of the new coronavirus outbreak.   Read more »

PH shares end flat after BSP's latest rate cut

ABS-CBN News
Posted at Feb 07 11:00 PM

Philippine shares ended the week on a duller note with the central bank's latest interest rate cut not doing much for the local market. Read more »

Bangko Sentral likely to resume easing in first half: Fitch Solutions

ABS-CBN News
Updated as of Jan 10 10:28 AM

The Bangko Sentral ng Pilipinas has scope to resume its monetary policy easing in the first half, with inflation within target, a Fitch Solutions analyst said Friday. Read more »

Bakit tumataas o bumaba ang interest rate ng mga bangko?

ABS-CBN News
Posted at Dec 05 06:17 PM

Tatlong beses na nagbaba ng benchmark interest rate ang Bangko Sentral ngayong taon. Ano ang gagawin ng mga bangko dito at ano ang epekto nito sa mga loan o utang mo? Read more »

Inflation seen creeping up in November as base effect fades

Reuters
Posted at Dec 04 03:19 PM

Inflation likely quickened for the first time in six months in November on higher food prices and fading base effect, but the expected number will be below the central bank's comfort range for the year, a Reuters poll showed.  Read more »

China cuts new benchmark rate to boost economy

Agence France-Presse
Posted at Nov 20 04:27 PM

China on Wednesday cut interest rates in a bid to shore up the world's number two economy as cooling domestic demand and a bruising trade spat with the United States hit growth. Read more »

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 »

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 »

Bangko Sentral to continue cutting RRR in next 2 years: analyst

ABS-CBN News
Posted at Sep 30 11:51 AM

The Bangko Sentral ng Pilipinas will likely cut reserve requirement for banks in the next 2 years, in line with its long-term goal of bringing the total to single digit, an analyst said Monday.  Read more »

Bangko Sentral cuts reserve requirement for banks by another 100 basis points

ABS-CBN News
Posted at Sep 27 06:27 PM

The reserve requirement for universal and commercial banks was trimmed to 15 percent from 16 percent, thrift banks to 5 percent from 6 percent, and rural banks to 3 percent from 4 percent. Read more »

What you need to know about credit card balance transfers

Moneymax.ph
Posted at Sep 27 03:37 PM

Want to lower your credit card debt? Try getting a credit card balance transfer. In a nutshell, a credit card balance transfer involves transferring your outstanding balance to a new credit card for a lower interest rate. You can either get a new card from the same bank or a different one. Read more »

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 »