Home Tags Monetary policy

Tag: monetary policy

A banker to remember

The late Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr., who passed away last month after battling tongue cancer, practically devoted his...

PHL economy seen to withstand further tightening

THE ECONOMY can withstand further policy tightening from the Bangko Sentral ng Pilipinas (BSP), even as it fired off its strongest response in a decade last month, according to the minutes of the Monetary Board meeting.

Monetary policy via Facebook is Southeast Asia tool in turmoil

As the economic landscape gets more rocky, Southeast Asia’s central bankers are turning to Facebook and YouTube for help in getting their messages across. The...

Expectations of another interest rate hike mount

A FOURTH successive tightening move may be announced by the central bank next month, a global bank said, as it sees inflation topping six percent until September.

BSP raises policy rates anew

The Bangko Sentral ng Pilipinas (BSP) raised rates anew on Thursday, Aug. 9, in a more aggressive move as expected, to arrest faster inflation...

Biggest rate hike in a decade on the cards for the...

The question facing policy makers in the Philippines is not whether to raise interest rates for a third time in a row, but by...

S&P, BMI see need for another rate hike

S&P GLOBAL RATINGS and Fitch Group’s BMI Research expect another rate hike from the Bangko Sentral ng Pilipinas (BSP) within the year, citing the need for further tightening to curb faster inflation and ease pressures on the peso.

BSP hikes rates to contain ‘elevated’ inflation

By Melissa Luz T. Lopez, Senior Reporter The Bangko Sentral ng Pilipinas (BSP) raised rates on Wednesday, June 20, following a similar move in May...

BSP could maintain policy for now — poll

THE BANGKO SENTRAL ng Pilipinas (BSP) may find room to keep interest rates unchanged this week amid signs that inflation may be slowing, economists said in a poll even as they kept the window open for another hike later this year.

Central bank faces ‘complex’ policy environment

THE MONETARY BOARD (MB) is gearing up for an earlier rate-setting meeting next week as it faces a “fairly complex” mix of faster inflation, a weakening peso and robust economic growth.

BSP exec downplays rate hike calls

A CENTRAL BANK official has downplayed calls for a fresh hike in benchmark interest rates in the face of faster inflation, arguing such a move will not arrest supply-driven pressures.

All eyes on Fed, ECB as they tighten policy in tandem

FRANKFURT -- Tightening policy by a notch just one day apart, the world’s top two central banks will hope to signal confidence in global economic growth, despite risks of a trade war, currency swings and political turbulence.

BSP may need to tighten policy further — Deutsche Bank

SUCCEEDING rate hikes may need to be implemented by the Bangko Sentral ng Pilipinas (BSP) over the coming year in order to arrest faster inflation and keep the peso competitive, a global bank said.

Stocks end week in rally mode

Stocks continued to rise on the trading week's end following the central bank's decision to increase interest rates on Friday, May 11. The local bellwether...

Philippines ready to take more action after raising rate

The Philippines became the latest emerging market to raise interest rates, with the central bank prepared to take more action after following through with...

BSP raises rates on elevated inflation and robust economic growth

The Bangko Sentral ng Pilipinas (BSP) raised rates on Thursday, May 10, marking the first tightening move in nearly four years at a time of...

Peso inches up as investors await BSP policy meeting

The peso inched higher against the dollar on Tuesday, May 8, ahead of the local monetary policy meeting as well as inflation data in...

IMF sees Philippine inflation to remain above 4% until 2019

The International Monetary Fund (IMF) expects Philippine inflation to remain elevated until 2019, and is even expecting price increases to overshoot the central bank’s...

PSEi drops ahead of GDP data, BSP policy review

THE MAIN INDEX opened the week on a negative note as investors were on a wait-and-see mode ahead of the release of first-quarter economic...

Analysts’ Expectation on Policy Rates

THE BANGKO SENTRAL ng Pilipinas (BSP) may raise interest rates this week after nearly four years of staying on hold, with inflation hitting five-year...

Military asserts no-ransom policy as Misuari help sought for 2 kidnapped...

JOINT TASK Force (JTF) Sulu is maintaining its no-ransom policy for the two police officers abducted by members of the Abu Sayyaf in Patikul,...

Shares snap climb ahead of Fed policy statement

By Krista A.M. Montealegre, National Correspondent STOCKS broke a three-day winning streak on Wednesday, as investors looked ahead to the conclusion of the United States...

Instituting bayanihan in governance and policy making

By May Zuleika Salao and Michael Henry Ll.Yusingco EVERY Filipino has been taught that bayanihan is the indigenous cultural phenomenon of community solidarity. It is...

Fed chief Powell’s policy gambit bets job market stays hot, inflation...

FEDERAL RESERVE officials are sounding increasingly confident they can run the US economy hot without a harmful rise of inflation, a risky gamble for...

Policy rates could rise this quarter — report

THE BANGKO SENTRAL ng Pilipinas (BSP) may consider raising rates this quarter in the face of quickening inflation and faster economic growth, analysts at...

Economy to withstand higher interest rates

By Melissa Luz T. Lopez Senior Reporter THE PHILIPPINE economy is robust enough to afford higher borrowing rates, the country’s central bank chief said, following dovish...

BSP steadies policy despite inflation

By Melissa Luz T. Lopez Senior Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) stood pat on borrowing rates on Thursday despite mounting expectations of a hike,...

BSP holds interest rate as inflation seen in target

The Philippine central bank left its benchmark interest rate at a record low as it forecast inflation will remain inside the target band this...

Peso inches up as investors await Fed decision, BSP policy meeting

The peso strengthened slightly against the dollar on Tuesday, March 20, as investors stayed on the sidelines ahead of the monetary policy meetings of...

Powell’s Federal Reserve to show policy caution, shun political friction

WASHINGTON -- Jerome Powell heads for his first interest rate increase as Federal Reserve Chairman this week with an unanswered question looming above others:...

Airbnb says willing to work with Davao City government over policy

DAVAO CITY -- Airbnb, Inc. has clarified that it is willing to work with the city government here in addressing concerns on the implementation...

PSEi barely moves as investors sit on sidelines ahead of BSP,...

Shares ended flat on Monday, March 19, as investors chose to stay on the sidelines ahead of policy meetings by the local central bank...

Local stocks end flat ahead of Fed policy review

SHARES ended flat on Monday as investors chose to stay on the sidelines ahead of policy meetings by the local central bank and the...

Rate hike creeps into policy expectations

By Melissa Luz T. Lopez Senior Reporter THE Bangko Sentral ng Pilipinas (BSP) could keep policy rates steady at the meeting this week of its Monetary...

ING sees policy rates steady ahead of BSP meeting

ING Bank N.V. said it expects the Bangko Sentral ng Pilipinas (BSP) to keep its monetary policy steady even as inflation picked up in...

Infrastructure spending seen sustained in 2018

By Melissa Luz T. Lopez Senior Reporter ROBUST public spending is expected to be sustained this year following strong growth in 2017, analysts said, though they...

Powell era arrives as Fed pace looks ripe for rethink

WASHINGTON -- The American labor market is sizzling, inflation more broadly in the US looks like it’s perking up and even a decade-long global...

Poll: Monetary policy stable as year ends

By Melissa Luz T. Lopez Senior Reporter THE CENTRAL BANK will likely maintain policy settings when it meets on Thursday as inflation and liquidity remain manageable,...

Banks see interest rates rising

By Melissa Luz T. Lopez Senior Reporter INFLATION could hover close to four percent next year on the back of accelerating oil prices and tax-related adjustments,...

Poll bares expectation of faster growth

By Lourdes O. Pilar Researcher ANALYSTS expect the country’s overall economic growth to have stayed above six percent last quarter on the back of strong domestic...

IMF flags sources of domestic risk

By Melissa Luz T. Lopez Senior Reporter THE CENTRAL BANK should be ready to deploy its tools to temper rapid credit growth in the Philippines, the...

Monetary policy likely steady despite 3-year-high Oct. inflation

INFLATION picked up further in October to its fastest pace in nearly three years, but is unlikely to prod the Bangko Sentral ng Pilipinas...

Bank of Japan keeps policy steady

TOKYO – The Bank of Japan kept monetary policy steady and roughly maintained its ambitious price forecasts on Tuesday, pointing to signs of growing...

Fed likely to see little change in economy, policy course after...

WASHINGTON -- The economic fallout from Hurricane Harvey will make the Federal Reserve’s job more difficult when it meets in three weeks, but US...

Fed signals good for the Philippines — Guinigundo

THE FEDERAL RESERVE’s decision this week to keep rates steady and to trim its massive bond holdings “soon” signals confidence in the US economy’s...