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BSP says higher GDP growth seen in Q2

Warren De Guzman, ABS-CBN News
Posted at May 19 06:02 PM

The Philippine economy in the second quarter could breach the higher-than-expected 8.3 percent expansion in the previous quarter, the BSP said. Read more »

BSP says difficult to keep rates low amid inflation

Warren de Guzman, ABS-CBN News
Posted at May 18 07:20 PM

A day before the BSP decides on whether to adjust or hold interest rates steady, the head of the central bank hinted that it was getting harder to keep rates low. Read more »

Malaysia central bank hikes interest rate to tame inflation

Agence France-Presse
Posted at May 11 10:05 PM

Malaysia's central bank raised its key interest rate on Wednesday for the first time since 2020, in a surprise move aimed at taming inflation. Read more »

Fed to raise rates 'expeditiously' to cool economy: official

Agence France-Presse
Posted at May 10 09:02 PM

The US central bank has the right tools and will act quickly to cool the economy and bring down "unacceptably high" inflation, a senior Federal Reserve official said Tuesday. Read more »

Nikkei index down over 2 pct on worries over US monetary tightening

Kyodo News
Posted at May 09 05:09 PM

Tokyo stocks ended sharply lower Monday, with the benchmark Nikkei dropping over 2 percent, amid worries over further monetary policy tightening in the United States. Read more »

Turkey inflation spirals to nearly 70 percent in April

Fulya Ozerkan, Agence France-Presse
Posted at May 05 06:02 PM

Erdogan insists that sharp cuts in interest rates are needed to bring down soaring consumer prices, flying in the face of economic orthodoxy. Read more »

Bank lending grows an annual 8.9 percent in March

ABS-CBN News
Posted at May 04 09:51 PM

Bank lending grew 8.9 percent year-on-year in March, the Bangko Sentral ng Pilipinas said on Wednesday. Read more »

Australia hikes interest rates for first time since 2010

Andrew Beatty, Agence France-Presse
Posted at May 03 01:26 PM

Australia's central bank raised interest rates for the first time in more than a decade on Tuesday, a pre-election hike designed to curb soaring consumer prices. Read more »

Ukraine war set to push record US inflation even higher

Chris Stein, Agence France-Presse
Posted at Apr 12 08:17 PM

US government data will on Tuesday likely confirm what many Americans already suspected: prices continued to rise at record rates last month. Read more »

Global stocks dip on Fed tightening, China prices

Agence France-Presse
Posted at Apr 11 06:11 PM

Asian stocks posted losses on Monday as unease lingered over tightening monetary policy by the Fed and rising prices in China. Read more »

Oil prices jump on worries over possible inflation surge

Agence France-Presse
Updated as of Mar 24 08:11 AM

Oil prices rallied Wednesday, adding to soaring inflation concerns, while stock markets diverged. Read more »

Diokno says Fed hike no immediate effect on PH rates

Jekki Pascual, ABS-CBN News
Updated as of Mar 18 08:08 AM

A week before the central bank’s next policy-setting meeting, the BSP said the Fed’s rate hike is only one of several factors that Philippine policymakers look at. Read more »

'Ukraine war won't deter Fed from March rate hikes'

Dhara Ranasinghe, Sujata Rao and Saikat Chatterjee, Reuters
Updated as of Mar 02 09:21 PM

The Fed will press ahead with lifting interest rates this month, money markets suggest, even as a war in Europe complicates inflation and economic growth. Read more »

Stocks retreat as Russia downplays hopes of Biden-Putin summit

Agence France-Presse
Posted at Feb 21 08:42 PM

The Ukraine crisis has compounded worries about decades-high inflation that is causing central banks to hike interest rates. Read more »

Dollar idles after tumble from 19-month peak

Kevin Buckland, Reuters
Posted at Feb 01 12:55 PM

The US dollar nursed its wounds on Tuesday following its biggest drop in nearly three weeks against major peers. Read more »

Asia markets dive as volatility sweeps globe ahead of Fed meeting

Agence France-Presse
Posted at Jan 25 06:27 PM

Asian markets plunged Tuesday following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates. Read more »

Leveraged loan prices at highest in near 15 years

Yoruk Bahceli, Reuters
Posted at Jan 20 06:57 PM

Leveraged loans are often taken out by companies that have high levels of debt, usually with non-investment grade credit ratings. Read more »

Asian markets drop as era of cheap cash draws to a close

Agence France-Presse
Posted at Jan 11 02:49 PM

Asian markets retreated as investors grew concerned about the Federal Reserve's plans to wind back its financial support and lift interest rates within months. Read more »

Asian, European markets track Wall St drop on Fed rate hike plans

Agence France-Presse
Posted at Jan 06 07:18 PM

Tech firms led losses across most markets following a painful sell-off in New York fuelled by bets that the Federal Reserve will hike interest rates several times. Read more »

BSP's Diokno honored as top global central banker

ABS-CBN News
Posted at Jan 05 12:49 PM

BSP Governor Benjamin Diokno is the world's top central banker, according to a prestigious magazine owned by the Financial Times. Read more »