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Is an Inflation Shock Imminent? The Daily Guardian Explores Wall Streets Concerns

Inflation Concerns Rise as Consumer-Price Index Falls Short of Expectations Inflation has been a hot topic of discussion recently, with hopes that the Federal Reserve.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 27th, 2024

Cebu Province inflation rate soared in March 2024

CEBU CITY, Philippines — Cebu Province inflation rate rose in March as Cebuanos continue to grapple with rising prices of goods and commodities, the latest inflation report by the Philippine Statistics Authority (PSA) Cebu showed. On Wednesday, April 17, PSA Cebu Chief Statistical Specialist Melchor Bautista presented the inflation report in Cebu Province for March.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Market falls amid worries over rate cuts, China growth

Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Federal Reserve Chair Jerome Powell discusses interest rate cut timeline | The Daily Guardia

Federal Reserve Chair Jerome Powell has declared that interest rate cuts are improbable in the coming months, despite a robust economy and declining inflation. The.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Slower US Inflation Spurs Fed Rate-Cut Optimism

Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

BSP keeps policy rate at 6.5%

In the MB’s first policy rate meeting in 2024, the MB held steady at a 6.5% benchmark interest rate as the country’s inflation risks continued to lean on the upside. .....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

PSE EASy platform now accepts online banking for payment of IPO subscriptions

The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

6 areas hit dangerous heat index hits on Monday

MANILA, Philippines — Six areas experienced a dangerous peak heat index on Monday according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s latest computed heat index as of  5:00 p.m., Dagupan City, Pangasinan and Bacnotan, La Union both had a 44ºC (degrees Celsius) heat index. Meanwhile, Sinait, Ilocos Sur, Puerto.....»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

WATCH: Palawan s hidden gem Pamuayan Falls

Pamuayan Falls, also called Pawpawyan Falls, is a beautiful little waterfall located 5.6 kilometers northeast from the coastal town of Port Barton in San Vicente, Palawan......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Bank of Japan ends negative interest rate policy

Bank of Japan ends negative interest rate policy.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

BSP keeps rates unchanged; inflation still global problem

The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

Inflation likely to continue downtrend – Global Source

Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Mandaue City logs highest inflation rate

Mandaue City logs highest inflation rate.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Mandaue labing taas og inflation rate sa HUCs

Mandaue labing taas og inflation rate sa HUCs.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024