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BSP unlikely to cut rates in 1st half
The Bangko Sentral ng Pilipinas is unlikely to cut key policy rates within the first half of the year as it deems it necessary to keep monetary policy settings sufficiently tight in the near term to better anchor inflation expectations and mitigate second-round effects......»»
Ruru Madrid learns from action idols, rides high on ratings
Ruru Madrid further strengthens his foothold in the action genre with the GMA Primetime Telebabad show, “Black Rider.” It’s a follow-up to the action and adventure-filled “Lolong,” with the drama-fantasy “The Write One” as, in a way, a breather from the genre and a reminder of his versatility......»»
Cebu Daily Newscast: Rama threatens legal action against Gwen, CBRT opponents
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Rama threatens legal action against Gwen, CBRT opponents Mayor Michael Rama announced on Thursday that he will take legal action against anyone who attempts to obstruct the Cebu bus rapid transit project. In his weekly radio program, Rama said that he is.....»»
Parents worried over earlier end of classes this year, citing days of missed classes due to weather
DAVAO CITY (MindaNews / February 25) – Parents here are worried over the announcement of an earlier end of classes this schoolyear – May 31 instead of June 14 – citing days of missed classes due to heavy rains brought about by the shear line and trough of a low pressure area. Bebang Miloy, 37, […].....»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
Think tank sees likelihood of BSP rate cuts starting Q2
The Bangko Sentral ng Pilipinas is expected to start cutting interest rates in the second quarter following the economic growth posted last year, according to UK-based think tank Pantheon Macroeconomics......»»
Cuts in bank reserves unlikely soon – BSP
The Bangko Sentral ng Pilipinas is unlikely to cut banks’ reserve requirement ratio in the third quarter, amid expectations of policy rate cuts in the second half of the year......»»
Shares down amid dimming US rate cut hopes
The stock market fell in the red for a second straight session following negative cues from the US markets overnight......»»
Dollar strength, Asian challenges
Recent robust US economic data (nonfarm payrolls, January CPI figures) have dashed hopes for a March rate cut by the Fed......»»
Rate cut seen to boost growth
The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»
Investors reconsider May rate cut expectations amid robust US inflation figures
Title: “Exclusive Offer: Subscribe to the FT Print Edition for Only $199 and Gain Access to Unparalleled Expertise” In today’s fast-paced digital age, where news.....»»
May, not March
Last Wednesday, equities dropped as Federal Reserve (Fed) Chair Jerome Powell dashed investor hopes for a March rate cut. Last Friday, despite better-than-expected US nonfarm payrolls and robust wage growth which typically usher in higher interest rates, the Dow and the S&P 500 were not deterred from hitting new all-time highs......»»
Fed Chief Powells Remarks on March Rate Cut Unlikely to Cause Stock Tumble: The Daily Guardians Guide to Navigating the Market
Title: Market Rebounds After Fed Chief’s Comments, Tech Stocks Experience Declines Subtitle: Investors Advised to Be Cautious Amidst Volatility Date: [Insert Date] Author: [Your Name].....»»
PSEi tumbles as Fed quashes rate cut hopes
Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»
Moody’s, Fitch research arms see rate cuts in 2nd half
The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»
Abando back, De Liaño out in EASL Final Four in Cebu
Rhenz Abando, who played well for Gilas Pilipinas in the FIBA World Cup, makes his anticipated Philippine comeback when his Korean mother club Anyang Jung Kwan Jang sees action in the East Asia Super League Final Four tomorrow at the Hoops Dome in Lapu-Lapu City, Cebu......»»
Pinay freestyle skier in high spirits
Freestyle skier Laetaz Amihan Rabe tries to conquer a strong field and loneliness when she sees action today in the Fourth Winter Youth Olympics......»»
Positive foreign, local news buoy stocks
The stock market bounced back on positive cues abroad coupled with expectations on earlier interest rate cuts......»»