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......»»
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.....»»
BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao
SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»
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......»»
Shares gain anew on rate cut hopes
The stock market advanced for a second consecutive session yesterday, buoyed by indications that the vs Federal Reserve will make interest rate cuts later this year......»»
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.....»»
Interest rates to remain at 6.5% — BSP
The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its target reverse repurchase rate at 6.5%......»»
Fuel price cuts continue
Fuel price cuts continue.....»»
Household cuts rice consumption
Household cuts rice consumption.....»»
Recto expected to get Commission on Appointments approval
Finance Secretary Ralph Recto in all likelihood will breeze through his confirmation process on Wednesday, having been a former senator who used to be a member of the Commission on Appointments......»»
Pagasa: Less chance of tropical cyclone forming in March
MANILA, Philippines — Meteorologists from Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) stated that there is a low chance of a tropical cyclone forming or entering the Philippine area of responsibility (PAR) this March. The likelihood of experiencing typhoons remains low this month, but it is still possible, said Benison Estareja, weather specialist from Pagasa,.....»»
Drought in 24 provinces due to ‘strong’ El Niño — PAGASA
In its latest advisory, PAGASA said that the likelihood of below-normal rainfall conditions due to a “strong and mature” El Niño remains high. .....»»
BSP to review 3 percent rate cap on credit card transactions
The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»
Amahan, anak napaso human LPG tank mibuto
Amahan, anak napaso human LPG tank mibuto.....»»
Trabahante napalgang patay sa septic tank
Trabahante napalgang patay sa septic tank.....»»
Trabahante napalgang patay sa septic tank
Trabahante napalgang patay sa septic tank.....»»
Trabahante napalgang patay sa septic tank
Trabahante napalgang patay sa septic tank.....»»
Trabahante napalgang patay sa septic tank
Trabahante napalgang patay sa septic tank.....»»
Trabahante napalgang patay sa septic tank
Trabahante napalgang patay sa septic tank.....»»
Trabahante napalgang patay sa septic tank
Trabahante napalgang patay sa septic tank.....»»
Trabahante napalgang patay sa septic tank
Trabahante napalgang patay sa septic tank.....»»