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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.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

Magic beat Cavaliers 121-83 to cut their deficit to 2-1

Magic beat Cavaliers 121-83 to cut their deficit to 2-1.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

Maybe no Fed rate cuts in FY24?

A recent CNBC article captured the growing concern that the US Federal Reserve’s first rate cut – the infamous “pivot” – might not happen until “at least September”, and discusses a few analysts (including those from Bank of America) who have said that there is “real risk” that the first cut might not even come until March 2025......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

29 housing projects to cut backlog in CL

29 housing projects to cut backlog in CL.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

Geopolitics, rate cut delays could spoil IPO rebound in 2024

Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Some developers cut through Chocolate Hills – DENR

Some project developers cut through the Chocolate Hills in Bohol during the construction of their structures, Environment Secretary Maria Antonia Yulo-Loyzaga said, reiterating that this is prohibited under the National Integrated Protected Areas System (NIPAS) law......»»

Category: newsSource:  philstarRelated NewsMar 23rd, 2024

Coco hindi ma-cut ang eksena nina Jaclyn at Irma: Parang boksing! Hayup!

NAPANGANGA at natulala na lang ang Teleserye King na si Coco Martin habang idinidirek sina Jaclyn Jose at Irma Adlawan sa “Batang Quiapo.” Kuwento ni Coco, hirap na hirap siya bilang direktor ng “Batang Quiapo” lalo na sa pagsigaw ng “Cut!” sa mga bardagulang eksena nina Jaclyn at Irma. Sey ng premyadong actor-producer hanggang ngayon.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 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 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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Clutch Apura delivers as MVPSF storms back vs Ginebra Boys in Japa Cup opener

Allan Apura scored the go-ahead triple in the final 13.4 seconds and then added a free throw with sixth-tenths of a second to lift MVP Sports Foundation to a come-from-behind 60-58 overtime win over the Ginebra Boys at the start of PBAPC Raffy Japa Cup presented by Burlington Sunday at the Ninoy Aquino Stadium......»»

Category: sportsSource:  philstarRelated NewsMay 5th, 2024

Aloguinsan nabs back-to-back wins in Cabaron hoops

Aloguinsan nabs back-to-back wins in Cabaron hoops.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

Bahay is NBTC’s back-to-back No. 1 HS cager

TAGBILARAN CITY, Philippines — Cebuano star point guard Jared Bahay never ceases to amaze, as the National Basketball Training Camp (NBTC) recently named him the back-to-back No. 1 ranked high school basketball player in the Philippines. This announcement was made by the NBTC through its social media page, alongside the list of the top 25.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Mac Tallo spearheads Alicia KSB in back-to-back wins in cash-rich Araw ng Sibugay cage wars 

CEBU CITY, Philippines — Alicia KSB Glass is rampaging in the 2nd Gov. Ann K. Hofer-23rd Araw ng Sibugay Invitational Basketball Tournament after logging back-to-back victories. After losing to the National University (NU) Bulldogs in their first game last February 14, the veterans of Alicia KSB, headed by ex-PBA cager Mac Tallo, defeated the reigning.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Paris 2024 medalists to take piece of Eiffel Tower home

‘It's the opportunity for the athletes to bring back a piece of Paris with them,’ organizers say of the Olympic medals forged out of scrap metal from the Eiffel Tower.....»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2024

Petron rolls back LPG price by P11 per 11-kg cylinder

MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram (kg) or a total of P11 per 11-kg cylinder effective April 1 at 12 noon. “This reflects the.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

‘High Street’ promises to be an eye-opener on Gen Z issues

“High Street,” the sequel to the ABS-CBN series “Senior High,” will still tackle controversial issues but with a “different and fresher approach.”.....»»

Category: entertainmentSource:  philstarRelated NewsMay 16th, 2024

Maroons disarm Archers in Filoil Preseason Cup opener

The University of the Philippines drubbed La Salle, 89-77, in a rematch between UAAP finalists to open the Filoil EcoOil 17th ECJ Preseason Cup in style over the weekend at the Filoil EcoOil Centre......»»

Category: newsSource:  philstarRelated NewsMay 12th, 2024

NBA: Clippers hang on to beat Mavs after blowing 31-point lead

DALLAS — Paul George and James Harden each scored 33 points while playing key fourth-quarter roles to help the Los Angeles Clippers hold on after blowing a 31-point lead and beat the Dallas Mavericks 116-111 on Sunday, evening the first-round series at 2-2. The Clippers won again without Kawhi Leonard, who missed the series opener.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024