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.....»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»
BSP Governor Eyes Potential Rate Cut as Inflation Eases
In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
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.....»»
Daily Guardian: Asian Stocks Rise Before Key US Inflation Data
Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
Ambitious timeline set for nuclear energy development
The clock is ticking for the Philippines to start its nuclear power industry, with the government setting sights on an ambitious and aggressive timeline that will see the construction of a new nuclear power plant in the country commencing in four years’ time......»»
CTTMO sees timeline problems in citation tickets issued to road workers
A REPRESENTATIVE from the Davao City Transport and Traffic Management Office (CTTMO) said there should be a clear timeline for the citation tickets issued, particularly to the Department of Public Works and Highways-Davao Region (DPWH-Davao) contractors implementing road works that would heavily affect the city's traffic situation......»»
TIMELINE: The arrest and detention of director Jade Castro, companions
In this timeline, Rappler lists down all the events and developments in the Jade Castro case.....»»
No timeline yet to stop search, retrieval ops in Masara tragedy
THREE weeks after the massive landslide tragedy in Barangay Masara, Maco, Davao de Oro, the timeline as to when the search and retrieval operations will close has yet to be determined......»»
Timeline: Road to girls flag football becoming IHSA-sanctioned sport
Timeline: Road to girls flag football becoming IHSA-sanctioned sportStory by Gabby HajdukThe Bears have played an integral role in supporting girls flag football throughout the past four years. Below are the notable moments that have culminated in the IHSA making girls flag football an official sport beginning this fall.March 2020: Bears manager of.....»»
A timeline: The latest on missing beauty queen Catherine Camilon’s case
It has been three months since beauty queen Catherine Camilon was first reported missing by her family. Here is a timeline of the case's development......»»
Bank of Japan ends negative interest rate policy
Bank of Japan ends negative interest rate policy.....»»
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......»»
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. .....»»
BSP’s monetary board retains policy rate at 6.5%
This has been the fifth time the MB kept the interest rate since its off-cycle policy rate hike in October 2023 to mitigate supply-side inflation pressures......»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»
Power reserve market starts full commercial operations
The Independent Electricity Market Operator of the Philippines commenced yesterday the full commercial operations of the reserve market, a development seen as a significant step forward for the energy sector......»»
Naval Reserve Command eyes mobilization center in north Negros
Naval Reserve Command eyes mobilization center in north Negros.....»»