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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: 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 »

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 »

BSP cuts reserve requirement for thrift, savings, coop banks

ABS-CBN News
Updated as of May 23 08:00 PM

The RRR cuts for small banks came after the BSP earlier announced a phased 200-basis point reduction in the RRR for big banks and a 25-basis point cut in the benchmark lending rate. Read more »

Bangko Sentral slashes benchmark interest rate as growth slows

ABS-CBN News
Updated as of May 09 07:10 PM

The Bangko Sentral ng Pilipinas, according to analysts, has scope to ease policy as inflation cools and economic growth recovers. Read more »

BSP under Diokno likely to 'accelerate' policy easing: HSBC

ABS-CBN News
Updated as of Mar 13 10:35 AM

The BSP could bring key borrowing rates to 4.25 by year-end with a 50-basis points cut, and the reserve requirement ratio to 15 percent by end of 2019 with 100-basis points cuts each quarter, said HSBC economist Noelan Arbis said.  Read more »

Peso hovers at 52-level, further weakness seen

ABS-CBN News
Posted at May 28 12:04 PM

Higher liquidity due to the central bank's decision to reduce the reserve requirement for banks and maturing government bonds will be "negative" for the peso, ING said. Read more »