Topic page on {?keyword?} | ABS-CBN News

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 »

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 »

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 »

Singapore eases monetary policy, avoids recession

Agence France-Presse
Posted at Oct 14 10:38 AM

Singapore eased monetary policy for the first time in over three years Monday as the US-China trade war bites, while the export-reliant economy narrowly avoided recession in the third quarter. 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 »

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 »

Diokno: Interest rate, RRR cuts may come 'sooner than later'

ABS-CBN News
Posted at Sep 13 12:08 PM

The MB last cut the overnight borrowing rate used by banks to price loans by 25 basis points last Aug. 8, after first half growth slowed to a 4-year low. The policy body has 3 more meetings left this year, on Sept. 26, Nov. 14 and Dec. 12. Read more »

Diokno says another 25-basis point rate cut coming by end-2019

Reuters
Posted at Aug 27 01:43 PM

Further cutting banks' reserve requirement ratio (RRR) is a "live issue," the regulator also said Read more »

World's central banks cut rates as recession worries mount

Jeanna Smialek and Karl Russell, The New York Times
Posted at Aug 16 09:30 AM

The moves collectively end an era when major central banks hoped, and in some cases tried, to return low rates and large balance sheets — hallmarks of recovery efforts after the Great Recession — back to normal levels. Read more »

PH finance chief: Slowdown in PH Q2 GDP growth expected

ABS-CBN News
Posted at Aug 09 11:23 PM

The Philippine economy is widely expected to bounce back from a second quarter of slowing growth. Read more »

BSP's Diokno: Banks' reserve requirement may be cut in September

Cathy Yang, ABS-CBN News
Posted at Aug 09 03:41 PM

A cut in the RRR, which would increase liquidity in the financial system, "is always on the table," Diokno said, adding his goal was to reduce it to "single digit" by the end of his term. Read more »

Bank lending growth slows; domestic liquidity expands: BSP

ABS-CBN News
Posted at Jul 31 07:13 PM

MANILA - The Bangko Sentral ng Pilipinas said bank lending posted slower growth in June compared to May.  Read more »

ECB opens door to rate cuts, more QE, tiering

Reuters
Updated as of Jul 26 07:39 AM

The European Central Bank revamped its interest rate guidance on Thursday and asked its staff to prepare options for more policy easing, explicitly opening the door to a rate cut as well as more bond buys as soon as September. Read more »

Bangko Sentral seen to cut rates further as inflation cools

ABS-CBN News
Posted at Jul 19 04:27 PM

The Bangko Sentral ng Pilipinas is expected to further cut interest rates. At least one economist sees recent inflation data prompting that move. 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 »

Philippine shares break into bull market territory with over 20-pct gain

ABS-CBN News
Updated as of Jul 16 12:18 PM

Philippine stocks entered bull market territory, buoyed by expectations of lower interest rates due to cooling inflation and an upbeat outlook for corporate earnings, analysts said Read more »

HSBC sees rate cut in August with inflation seen slowing further

ABS-CBN News
Updated as of Jul 03 09:58 AM

HSBC is expecting a 25-basis point cut in the benchmark rate in the third quarter and a 100-basis point reduction in the reserve ratio requirement by the fourth quarter. Read more »

BSP keeps interest rates steady as inflation stabilizes

ABS-CBN News
Updated as of Jun 20 06:13 PM

The Bangko Sentral ng Pilipinas kept interest rates steady on Thursday, with inflation seen stabilizing. Read more »

Bangko Sentral cuts reserve requirement for banks

ABS-CBN News
Updated as of May 16 11:46 PM

A 100-basis point cut will take effect on May 31, followed by two other cuts of 50 basis points each on June 28 and July 26. Read more »