US bank sees BSP increasing borrowing rate to 6% in 1st half
Citi, the largest foreign bank in the Philippines, expects the Bangko Sentral ng Pilipinas to increase the policy interest rate ...
Read moreTag: Inflation
Inflation in Jan. seen to heat up further to 8.3%
Inflation in January 2023 likely accelerated to as high as 8.3 percent from the 14-year high of 8.1 percent in ...
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BSP ready to further tweak policy to contain inflation
The Bangko Sentral ng Pilipinas reaffirmed its readiness to tweak its monetary policy stance to rein in inflation in the ...
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Fitch Solutions sees PH growing 5.9% in 2023
Fitch Solutions, a unit of Fitch Group, maintained on Friday a 5.9-percent growth forecast for the Philippine economy this year, ...
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US economy seen to have posted slower growth in Q4
WASHINGTON—The US economy is forecast to have grown but at a slower pace in the final months of 2022, helped ...
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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 ...
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Bigger subsidy to protect PUV drivers—solon
Congress has increased to P3 billion this year’s budget for direct fuel subsidies to public transport drivers to protect them ...
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Stock index climbs to nine-month high
Stocks climbed to a nine-month high Wednesday, on hopes for China’s recovery and reports of easing inflation in major economies ...
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UN: Economic slowdown to force workers into low quality, poorly-paid jobs
By Robin Millard GENEVA, Switzerland—A global economic slowdown will force more workers into accepting lower quality, poorly paid jobs in ...
Read moreArgentina’s inflation hit 31-year high at 94.8%
BUENOS AIRES—Argentina registered inflation of 94.8 percent in 2022, its highest annual figure since 1991, the Indec national statistics institute ...
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