interest-rates | ABS-CBN News

How to cope with or take advantage of higher interest rates

Warren de Guzman, ABS-CBN News
Posted at Mar 23 08:08 PM

What can consumers and business owners do as borrowing costs continue to go up? Read more »

After Fed, European central banks hike their rates

Agence France-Presse
Posted at Mar 23 06:31 PM

Switzerland and Norway hiked interest rates Thursday to tackle inflation despite banking-sector turmoil, with the UK's central bank next in line after the US Federal Reserve also lifted borrowing costs. Read more »

US Fed mulls more rate hikes amid banking uncertainty

Agence France-Presse
Posted at Mar 22 02:58 PM

The majority of futures traders predict the Fed will increase its benchmark lending rate by 25 basis points to a range of 4.75-5.00 percent, according to CME Group. Read more »

ECB chief vows to do 'whatever it takes' to tame inflation

ABS-CBN News
Posted at Mar 08 08:42 PM

European Central Bank president Christine Lagarde said Wednesday she will do whatever it takes to bring down high inflation and restore price stability. Read more »

Global equities advance on lower rate hopes

Agence France-Presse
Posted at Mar 03 08:31 PM

World stock markets rose Friday after a top Federal Reserve official said he would back a small interest rate hike at its next meeting and hinted at a possible summer pause. Read more »

PSEi records 3rd weekly loss amid interest rates expectations

ABS-CBN News
Posted at Feb 18 03:27 AM

The Philippine Stock Exchange index records its third weekly loss on expectations that interest rates might still trek upwards. Read more »

Mga may housing loan, dumaraing sa taas ng interest rates

ABS-CBN News
Posted at Feb 17 07:41 PM

Nagtaas muli ng interes ang Bangko Sentral ng Pilipinas sa pautang para mapahupa ang inflation o pagtaas ng presyo ng mga bilihin. Read more »

BSP hikes benchmark by 50 bps, key rate now 6 percent

ABS-CBN News
Updated as of Feb 16 05:51 PM

The Bangko Sentral ng Pilipinas on Thursday hiked its benchmark overnight reverse repurchase rate by 50 basis points, bringing it to 6 percent as it tries to tame inflation. Read more »

Rate hikes hindi sapat para mapababa ang inflation: ekonomista

ABS-CBN News
Posted at Feb 08 03:55 PM

Hinikayat ng isang ekonomista ang gobyernong ireksonsidera ang mga istratehiyang ngayon para mapababa ang inflation o bilis ng pagtaas ng mga presyo ng bilihin at serbisyo. Read more »

US Fed set to slow rate hikes but signal inflation fight not over

Beiyi Seow, Agence France-Presse
Posted at Feb 01 05:47 PM

The Federal Reserve starts the second day of its policy meeting Wednesday, on growing expectations that it will step down to a smaller interest rate hike as red-hot inflation shows signs of cooling. Read more »

Advisory group sees rise in real estate non-performing loans

Warren de Guzman, ABS-CBN News
Posted at Feb 01 12:04 AM

Prime Philippines CEO Jet Yu is forecasting some troubled times for both real estate buyers and developers this year. Read more »

Bad loans in real estate seen rising amid high costs, rates

Warren de Guzman, ABS-CBN News
Posted at Jan 31 07:50 PM

A Filipino-led real estate advisory firm said it expects a rise in non-performing loans (NPLs) from both real estate buyers and real estate developers later this year. Read more »

Bank lending up 13.4 percent in December

ABS-CBN News
Posted at Jan 31 01:11 PM

Despite interest rates hitting a 14-year high, bank lending expanded by 13.4 percent in December 2022 compared to the same month in 2021, the Bangko Sentral said. Read more »

Analysts expect slowing US inflation, fueling hopes of less hawkish Fed

Agence France-Presse
Posted at Jan 12 06:15 PM

Consumer inflation in the United States is set to ease further in December, analysts say, in an encouraging trend that could bring some reprieve from rising interest rates. Read more »

Peso seen trading at P57-P59 to dollar this year

Warren de Guzman, ABS-CBN News
Posted at Jan 11 03:42 PM

Despite its recent gains, the peso is expected to weaken again this year according to economists from First Metro Investments Corp (FMIC) and the University of Asia and the Pacific (UA&P). Read more »

Stocks stumble to end 'miserable' 2022

Agence France-Presse
Posted at Dec 31 08:33 AM

Stock markets wrapped up their worst performances in years on Friday before heading into 2023 under recession fears following Russia's invasion of Ukraine, high inflation and rising interest rates. Read more »

BSP sees inflation in December at 7.8 to 8.6 pct

ABS-CBN News
Posted at Dec 29 12:26 PM

The BSP said higher electricity rates, an uptick in the prices of agricultural commodities, elevated prices of meat and fish products as well as LPG may push the inflation rate higher. Read more »

'Worst is over' for PH econ says Finance chief Diokno

Warren de Guzman, ABS-CBN News
Posted at Dec 28 07:15 PM

Diokno said that while the global economy is likely to face a mild recession next year, the Philippines can still post one of the fastest growth rates in the region in 2023. Read more »

Japan central bank tweaks monetary policy, yen strengthens

Hiroshi Hiyama and Sara Hussein, Agence France-Presse
Posted at Dec 20 01:24 PM

Japan's central bank tweaked its longstanding monetary easing program on Tuesday, in a surprise move that saw the yen strengthen quickly against the dollar while Tokyo stock markets fell. Read more »

Inflation accelerates to 8 percent in November

ABS-CBN News
Updated as of Dec 06 10:56 AM

Inflation in November quickened further as prices of select items continued to rise, the state statistics bureau said on Tuesday. Read more »