Thursday, May 21, 2026
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Tag: BSP governor Felipe Medalla

Another ‘surprise supply shock’ may stoke inflation—BSP

Bangko Sentral ng Pilipinas Governor Felipe Medalla is not ruling out the possibility of another “surprise supply shock” that may impact inflation that already...

BSP updates rules on electronic money

The Monetary Board, the policy-setting body of the Bangko Sentral ng Pilipinas, approved the amendments to the guidelines on electronic money and the operations...

BSP conference

Bangko Sentral ng Pilipinas Governor Felipe Medalla addresses the central bank’s regional partners and stakeholders during the 4th Regional Macroeconomic Conference for South Luzon...

Interest rate hikes bolstered peso, tamed inflation—BSP

Bangko Sentral ng Pilipinas Governor Felipe Medalla said Tuesday monetary authorities successfully contained inflation and prevented the further depreciation of the peso against the...

BSP eyes cutting banks’ 12% reserve requirement

Bangko Sentral ng Pilipinas Governor Felipe Medalla said Thursday the reserve requirement of banks may be reduced from 12 percent in the first semester...

PH sustains recovery from impact of pandemic

The Philippines continues to recover from the impact of the global pandemic, but preparation is needed to meet other possible challenges ahead, Bangko Sentral...

Local banks remain resilient despite headwinds

The Philippines banking industry remained resilient and strong despite global headwinds such as the rising interest rates, the geopolitical crisis in Eastern Europe and...

BSP increases borrowing rate by 50 bps to 14-year high of 5.5%

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, raised the overnight borrowing rate on Thursday by 50 basis points to...

New banknotes

President Ferdinand Marcos Jr. (right) receives from Bangko Sentral ng Pilipinas Governor Felipe Medalla the first set of banknotes bearing their names and signatures...

BSP pushes digitalization to spur economic growth

Bangko Sentral ng Pilipinas Governor Felipe Medalla said Tuesday digitalization would spur not only financial inclusion but also stimulate economic growth. "Over time, the rest...

BSP delivers 75-bps interest rate hike to catch up with Fed

The Monetary Board, the policy-setting body of the Bangko Sentral ng Pilipinas, on Thursday raised the benchmark policy rate by 75 basis points to...

PH economy to pull through ‘very difficult challenges’, says Medalla

The Philippine economy will pull through “very difficult challenges” such as high inflation and interest rates, Bangko Sentral ng Pilipinas Governor Felipe Medalla said...

Share prices expected to sustain momentum

Shares prices are expected to sustain their upward momentum this week on hopes that interest rate hikes would soon ease. Analysts said the lower-than-expected US...

Salceda opposes cap on credit card interest rates

Albay Rep. Joey Sarte Salceda strongly opposed proposals for the Bangko Sentral ng Pilipinas (BSP) to adjust the current credit card interest rate caps...
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