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Lagged impact of high rates to take toll on economy – BSP
The lagged effects of monetary policy adjustments last year will continue to take its toll on the economy, with growth likely to fall below government targets anew......»»
4 persons of interest in killing of Dumanjug trader identified
LAPU-LAPU CITY, Cebu – The Dumanjug Police Station has identified four persons of interest (POI) in the killing of a 51-year-old livestock trader in Barangay Kanyuko, Dumanjug town, southwest Cebu on Thursday, May 30, 2024. Leonardo Pescadero Macario, a resident of the area, was found dead next to his parked motorcycle in Barangay Kanyuko. He.....»»
Detained foreign tanker now a ‘vessel of interest’ for NICA
The Chinese-manned tanker being held by the Philippine Coast Guard since May 15 is now a “vessel of interest” for the National Intelligence Coordinating Agency, the PCG said yesterday......»»
Persons of interest in killing of Cebu City ex-convict identified
CEBU CITY, Philippines – The Inayawan police say they have identified two persons of interest in the fatal shooting of a 21-year-old man along the road in Tagunol, Barangay Cogon Pardo, Cebu City on Tuesday, May 7. The shooting incident happened along the road at around 6:30 p.m. The victim was identified as 21-year-old Jonar.....»»
Person of interest in stabbing of drunk e-bike driver in Talisay taken into custody
CEBU CITY, Philippines — Police in Talisay City, Cebu have taken into custody a person of interest linked to the fatal stabbing of a 32-year-old e-bike driver along the road in Barangay Dumlog, Talisay City, Cebu on early Friday morning, May 3, 2024. The stabbing attack happened at around 3:00 a.m. and authorities responded around.....»»
Bank of Japan ends negative interest rate policy
Bank of Japan ends negative interest rate policy.....»»
‘Prioritize child’s interest in media coverage’
‘Prioritize child’s interest in media coverage’.....»»
74-anyos ‘person of interest’ sa paglugos-patay sa 7-anyos
74-anyos ‘person of interest’ sa paglugos-patay sa 7-anyos.....»»
Earn the highest interest rate on your savings up to 15% p.a. with CIMB summer promo
Until March 31, you can earn up to 15% per annum (p.a.) interest on your savings with CIMB’s Sunk15sed Promo......»»
Leyte barangay hall attack: Persons of interest identified
Probers have identified two persons of interest in the killing of five people, including three barangay officials, in San Isidro, Leyte on Saturday last week, the Philippine National Police (PNP) announced yesterday......»»
Tax Notes: BIR clarifies tax treatment of interest on borrowings
Tax Notes: BIR clarifies tax treatment of interest on borrowings.....»»
Investor interest in power gaining steam – Lotilla
Investor interest in the country’s power sector, particularly in the renewable energy space, continues to gain steam, according to the Department of Energy......»»
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.....»»
People s Initiative or Politician s Interest?
People s Initiative or Politician s Interest?.....»»
Philippines to grow below target in next 2 years – BSP
The Philippine economy could grow below the government’s target for the next two years as high global oil prices and elevated interest rates dampen domestic demand, the Bangko Sentral ng Pilipinas said......»»
DoF Secretary: Rates to come down maybe 150 bps in the next two years
Department of Finance Secretary Ralph Recto (link) said that he doesn’t “expect interest rates to go any higher”, and that “they will start to go down, maybe 150 bps in the next two years”......»»
The Fed s meeting notes: Lack of further progress on inflation
The US Federal Reserve (the Fed) [link] released the minutes of the meetings held by the Federal Open Markets Committee (FOMC), the body charged with making the decision on interest rates, and a reading of the minutes revealed concern by officials that “recent monthly data had showed significant increases in components of both goods and services price inflation”, and that “in recent months there had been a lack of further progress toward the Committee’s 2 percent objective.”.....»»
Tighter-than-necessary rate environment on BSP’s radar
The Bangko Sentral ng Pilipinas (BSP) is beginning to see a tighter-than-necessary monetary policy environment, which may call the need to lower interest rates in the second half even if it cuts ahead of the US Federal Reserve......»»
BSP may cut big banks’ RRR to 5 percent
The Bangko Sentral ng Pilipinas (BSP) is looking at a significant reduction in the level of deposits banks are required to keep with the central bank after it starts cutting interest rates this year, its top official said......»»
First rate cut likely 25 basis points - The Manila Times
MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said. "Right now, if we ease, it will just be 25 basis points. But we'll see," central bank Governor Eli Remolona Jr. told reporters on Monday. "Anything more than 25 [bps], it's like there's a recession alrea.....»»