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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 »

Fed faces new trade-offs, hunts for new model, in low-rate world

Howard Schneider and Ann Saphir, Reuters
Posted at Jan 06 08:16 AM

An unprecedented combination of low US unemployment, weak inflation and low interest rates has the US Federal Reserve grappling with how to fight the next recession, as experts debate new approaches to financial regulation as well as a fuller overhaul of Fed strategy.  Read more »

2019 Yearender: Business -- Taipans pass on, inflation eases, POGOs in spotlight

ABS-CBN News
Updated as of Dec 24 09:33 AM

Deaths, debt, near-death, and "JoyRulBee" were among our top business stories in 2019.  Read more »

Diokno: 'No rush' on RRR, interest rate cut to depend on data

ABS-CBN News
Updated as of Dec 20 03:29 PM

The BSP has the "luxury of time" to monitor how earlier reductions in the RRR have affected the market. It's "desire" is for freed up liquidity to go to small and medium scale lending, he said. Read more »

Bangko Sentral's Diokno signals 50-point interest rate cut in 2020

ABS-CBN News
Updated as of Dec 13 05:03 PM

The BSP kept the overnight borrowing rate at 4 percent during its last policy meeting for the year on Thursday, after slashing 75 basis points of the benchmark throughout 2019. Read more »

ECB's Lagarde in spotlight as policy on hold

Tom Barfield, Agence France Presse
Posted at Dec 12 10:08 PM

The European Central Bank left key monetary policy settings unchanged Thursday, placing the spotlight on new president Christine Lagarde to offer clues about its future direction. Read more »

Bangko Sentral keeps benchmark interest rate steady

ABS-CBN News
Updated as of Dec 12 05:30 PM

The Bangko Sentral ng Pilipinas kept the benchmark interest rate steady during its last policy meeting for the year, as it weighed the impact of previous actions on the economy. Read more »

US Fed to hold steady at final 2019 meeting

Agence France-Presse
Posted at Dec 11 03:05 PM

After cutting rates 3 times in the summer and fall, policymakers have said they are now pausing to watch how the world's largest economy performs. Read more »

Inflation creeps up in November, stays below target

ABS-CBN News
Updated as of Dec 05 09:02 PM

Inflation was expected to accelerate in November due to fading base effect from 2018, when inflation peaked at 6.7 percent in September and October that year. Read more »

Philippines can grow 6.5 percent in 2020 on 'double-headed stimulus': ING

ABS-CBN News
Updated as of Dec 04 04:02 PM

A "double-headed stimulus" of low borrowing costs and increased government spending can propel the Philippines' economic growth to 6.5 percent in 2020, ING said. Read more »

Bangko Sentral pauses interest rate cuts

ABS-CBN News
Posted at Nov 14 04:08 PM

The overnight borrowing rate, used by banks to price loans was kept at 4 percent. The Monetary Board last cut the benchmark by 25 basis points last Sept. 26, for a total of 75 basis points this year. Read more »

Inflation holds steady in October, below government target

ABS-CBN News
Updated as of Nov 05 11:12 AM

Governor Benjamin Diokno of the Bangko Sentral said Monday there would be no more cuts in the benchmark interest rate and the reserve requirement ratio or RRR for banks for the rest of 2019. Read more »

Bangko Sentral ends interest rate, reserve requirement cutting for 2019

ABS-CBN News
Updated as of Nov 04 02:55 PM

The central bank will "pause for a while" after slashing the benchmark interest rate by 75 basis points, bringing it to 4 percent, and reducing the reserve requirement ratio for banks to 14 percent, Diokno told ANC. Read more »

US Fed faces balancing act in delivering rate cut

Douglas Gillison, Agence France-Presse
Posted at Oct 30 10:31 AM

Notwithstanding President Donald Trump's crticism, some influential voices are calling for a pause in the stimulus so the Fed can assess global economic and trade developments, which may improve. Read more »

Bangko Sentral seen to pause rate cuts for 'extended period'

ABS-CBN News
Updated as of Oct 25 03:32 PM

The BSP slashed the overnight borrowing rate by a total 75 basis points, bringing it to 4 percent. The last of 3 25-point cuts was announced last Sept. 26. Read more »

Diokno says 2020 inflation risks tilt to 'upside' due to swine fever, oil

ABS-CBN News
Updated as of Oct 25 11:37 AM

For the rest of 2019, Diokno said inflation would stay within the "lower half" of the BSP's 2 to 4 percent target.  Read more »

South Korea cuts interest rate again as Japan trade row rumbles

Agence France-Presse
Posted at Oct 16 12:55 PM

South Korea's central bank on Wednesday cut its key interest rate to the lowest point in two years in an effort to prop up its slowing economy as it is hit by a trade spat with Japan.  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 »

'Benign inflation' set favorable backdrop for further monetary policy easing: analyst

ABS-CBN News
Posted at Sep 27 10:16 AM

The BSP on Thursday cut interest rates for the third time this year, bringing the benchmark to 4 percent from 4.75 percent in 2018. Read more »

Bangko Sentral cuts interest rates for third time this year

ABS-CBN News
Updated as of Sep 26 07:36 PM

The Bangko Sentral ng Pilipinas cut the benchmark interest rate on Thursday amid expectations of cooling inflation slowing growth. Read more »