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BSP says waiting for right conditions to unwind stimulus

Jekki Pascual, ABS-CBN News
Posted at Jan 06 06:35 PM

The Bangko Sentral ng Pilipinas is ready to unwind its support for the country’s pandemic-battered economy when the conditions are right, Diokno said. 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 »

BSP seen to 'gradually' tighten monetary policy in 2022

Jessica Fenol, ABS-CBN News
Posted at Dec 17 01:34 PM

The Bangko Sentral ng Pilipinas could begin gradually tightening monetary policy in 2022 by bringing interest rate to 2.75 by the end of next year, Fitch Solutions said Friday. Read more »

BSP maintains interest rate at 2 percent

Jessica Fenol and Warren De Guzman, ABS-CBN News
Updated as of Dec 16 05:19 PM

The Bangko Sentral ng Pilipinas on Thursday said the Monetary Board has decided to keep interest rate at its record low of 2 percent. Read more »

PH keeps inflation target range of 2 to 4 percent

ABS-CBN News
Posted at Dec 14 08:52 PM

The BSP said Philippine economic managers decided to maintain the inflation target range for 2022 up to 2024 after consulting with the central bank. Read more »

Top central banks may diverge over inflation, Omicron

By Howard Schneider and William Schomberg, Reuters
Posted at Dec 14 02:54 PM

Major central banks meet this week to assess risks from the new Omicron variant while considering reducing emergency measures to fight the pandemic's economic toll. Read more »

Bank lending expands anew in October

ABS-CBN News
Posted at Dec 01 12:00 PM

The outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas increased faster at 3.5 percent in October, data from the central bank showed. Read more »

BSP maintains interest rate at 2 percent

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

The Bangko Sentral ng Pilipinas on Thursday kept the benchmark rate at 2 percent to support economic recovery. Read more »

First interest rate hike by BSP likely in June 2022: BPI

Warren De Guzman, ABS-CBN News
Posted at Nov 16 04:56 PM

The Bangko Sentral ng Pilipinas is unlikely to hike interest rates on Nov. 18, BPI lead economist Jun Neri said Tuesday. Read more »

BSP to remain 'patient' but says COVID-19 still threat to growth outlook

ABS-CBN News
Posted at Nov 16 11:50 AM

The central bank will remain patient when it comes to raising interest rates 'for a few more quarters,' BSP Governor Benjamin Diokno said Tuesday. Read more »

BSP sees inflation easing in 'coming months'

ABS-CBN News
Posted at Nov 04 06:45 PM

Inflation is expected to ease in the coming months as the government implements measures to address supply issues, said the Bangko Sentral. Read more »

Banks tighten lending standards in Q3: BSP survey

ABS-CBN News
Posted at Oct 21 09:39 PM

The BSP said banks became stricter about lending money to businesses and consumers in the July to September period, based on its survey. Read more »

BSP says kept accommodative policy amid manageable inflation

ABS-CBN News
Posted at Oct 21 08:17 PM

Inflation remains manageable and thus monetary policy will remain “accommodative”, the Bangko Sentral ng Pilipinas said on Thursday. Read more »

IMF panel urges central banks to closely monitor inflation, 'act appropriately'

David Lawder and Andrea Shalal, Reuters
Posted at Oct 15 08:47 AM

Policymakers are wrestling with the inflation question as wealthy countries move beyond the pandemic to recovery, while developing economies struggle with COVID-19 variants, low vaccine access and a lack of resources. Read more »

Singapore tightens monetary policy in surprise move as price pressures grow

Aradhana Aravindan and Anshuman Daga, Reuters
Posted at Oct 14 12:06 PM

Singapore's central bank unexpectedly tightened its monetary policy on Thursday, delivering its first such move in three years, amid mounting cost pressures caused by supply constraints and a recovery in the global economy. Read more »

AMRO cuts 2021, 2022 PH growth forecast

Warren de Guzman, ABS-CBN News
Updated as of Oct 07 05:37 PM

AMRO said the Philippines would grow just 4.3 percent this year, and 6.7 percent next year. Read more »

'Gradual BSP policy adjustments likely to start in 2022'

ABS-CBN News
Posted at Sep 30 08:16 PM

The Bangko Sentral ng Pilipinas is likely to raising interest rates next year, anchored mainly to the inflation dynamics, former BSP Deputy Governor Diwa Guinigundo said Thursday. Read more »

BSP says fiscal, monetary policy space 'not unlimited'

Warren de Guzman, ABS-CBN News
Posted at Sep 27 05:27 PM

The BSP said there are limits to how long the country can keep government spending high and interest rates low to support the economy. Read more »

Bangko Sentral keeps interest rate at 2 percent

ABS-CBN News
Updated as of Sep 23 06:54 PM

The Bangko Sentral ng Pilipinas on Thursday kept the benchmark policy rate steady at 2 percent. Read more »

US Fed preparing to remove stimulus 'soon' despite slower recovery

Heather Scott, Agence France-Presse
Posted at Sep 23 08:40 AM

The closely-watched announcement left policy unchanged for now, but new forecasts from central bankers show they expect the first interest rate increase next year. Read more »