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Slowing inflation gives BSP space to keep rates low

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Thursday the manageable inflation rate is giving monetary authorities elbow room to maintain the current policy stance......»»

Category: financeSource: thestandard thestandardJul 23rd, 2021

Asia markets track Wall St plunge

HONG KONG ( AFP ) — Asian markets fell further Friday after Federal Reserve boss Jerome Powell failed to soothe fears of a surge in inflation fueled by the expected global economic recovery, which many warn could force the central bank to hike interest rates earlier than thought. While the rollout of vaccines, slowing infections, […] The post Asia markets track Wall St plunge appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsMar 6th, 2021

BSP rates unmoved, inflation target hiked

Interest rates remained at record lows as the Bangko Sentral ng Pilipinas continued to maintain an accommodative monetary policy stance until the economy fully recovers from the pandemic-induced recession......»»

Category: financeSource:  philstarRelated NewsAug 12th, 2021

T-bill rates move sideways

Local investors yesterday swarmed the government auction of Treasury bills, with yields moving sideways on expectations inflation will fall within manageable levels......»»

Category: financeSource:  philstarRelated NewsAug 3rd, 2021

BSP sees higher inflation in July

Inflation likely accelerated to 4.3 percent in July after easing to 4.1 percent in June amid rising pump prices of petroleum products, higher electricity rates and the weaker peso, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJul 31st, 2021

Higher food, fuel prices likely drove up inflation in July

Higher fuel and food prices, compounded by a surge in power rates and a weak currency, likely stoked inflation in July, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsJul 30th, 2021

Food, transport seen to push up inflation in July

The Department of Finance expects the cost of food and transportation to rise in July due to price hikes in the international market, but supply stability and energy innovation should hold off rates from skyrocketing any further......»»

Category: financeSource:  philstarRelated NewsJul 14th, 2021

Slower June inflation opens room for rate cuts

The slower than expected inflation in June should give the Bangko Sentral ng Pilipinas some room to adjust rates to support economic recovery......»»

Category: financeSource:  philstarRelated NewsJul 11th, 2021

‘Weak peso, easing prices may force BSP to hike rates’

Bank of the Philippine Islands is not discounting the possibility of monetary adjustments in the coming months amid the continued weakening of the peso as well as the easing inflation......»»

Category: financeSource:  philstarRelated NewsJul 8th, 2021

BSP keeps policy rates anew

By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to........»»

Category: newsSource:  philippinestodaRelated NewsJul 3rd, 2021

BSP keeps rates at all-time lows

In a widely expected move, the Bangko Sentral ng Pilipinas yesterday left interest rates unchanged at their all-time lows, but said it remains vigilant against risks to the outlook for inflation and growth......»»

Category: financeSource:  philstarRelated NewsJun 24th, 2021

‘Inflation plateaued in Q2, rates on hold until 2022’

Inflation has plateaued in the second quarter, giving the Bangko Sentral ng Pilipinas (BSP) more room to keep its accommodative stance to help the economy fully recover from the pandemic-induced recession, Standard Chartered Bank said......»»

Category: financeSource:  philstarRelated NewsJun 24th, 2021

High power bills, fuel costs likely pushed up inflation to 4.8% in May — BSP

Rallying oil prices and power rates likely pushed up inflation in May, putting it beyond government target for fifth straight month, the Bangko Sentral ng Pilipinas reported Monday......»»

Category: newsSource:  philstarRelated NewsMay 31st, 2021

Exporters lament worsening logistics constraints

Exporters are seeking “very urgent” assistance to cope with worsening supply chain and logistics issues, including lack of vessel space, soaring freight rates and container shortage resulting in shipment delays and huge losses......»»

Category: financeSource:  philstarRelated NewsMay 30th, 2021

PSEi sinks to near seven-month low

The main stock index yesterday sank to a near seven-month low as investors grow wary that inflation spikes in the region may drive interest rates up, traders said......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2021

Government awards T-bills in full as rates ease

The government sold in full the P25 billion worth of Treasury bills it auctioned off yesterday as rates were tempered by a slower inflation in March......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2021

Government fully awards 10-year bonds as rates rise

The government awarded in full the reissued 10-year Treasury bonds offered yesterday even as its rate spiked on lingering inflation concerns and rising US Treasury yields......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2021

Bank of England keeps status quo, sees better economic outlook

London ---The Bank of England left record-low interest rates unchanged Thursday as it weighed Britain’s vaccine-driven pandemic recovery alongside stubborn fears of rising inflation......»»

Category: financeSource:  thestandardRelated NewsMar 19th, 2021

Bank of Japan holds negative rates, tweaks easing policy

Tokyo —The Bank of Japan on Friday maintained its negative interest rate and tweaked its monetary easing program as it battles to boost inflation and shore up the pandemic-hit economy......»»

Category: financeSource:  thestandardRelated NewsMar 19th, 2021

Reissued 7-year T-bonds fetch higher rate

Yields of reissued seven-year Treasury bonds rose significantly as the market demanded higher rates to keep up with rising inflation and the uptrend in US Treasury rates......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2021

Fed& rsquo;s Powell allays inflation fears, vows to keep rates low

Washington---Federal Reserve Chairman Jerome Powell attempted to tamp down rising inflation concerns, and again on Tuesday pledged to keep benchmark lending rates low until jobs recover and prices have risen consistently......»»

Category: financeSource:  thestandardRelated NewsFeb 24th, 2021