Sunday, May 17, 2026
Today's Print

Tag: interest rate

BSP retains 3% interest ceiling on credit cards

The Monetary Board of the Bangko Sentral ng Pilipinas said Tuesday it retained the existing ceilings on credit card transactions so that consumers will...

China cuts key interest rate to support growth

BEIJING—China’s central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world’s second-largest economy. Activity...

BSP maintains interest rate at 6.25%

The Bangko Sentral ng Pilipinas on Thursday kept the key policy rate steady at 6.25 percent amid the continued slowdown in inflation. It also retained...

BSP warns of supply shocks, interest hike

Large supply shocks will compel the Bangko Sentral ng Pilipinas to again raise the benchmark interest rate which is now at 6.25 percent, Governor...

Stocks fell Friday amid Fed rate hike fears

Local equities wrapped up the week on a negative note after the sell-off on Wall Street as the better-than-expected jobs data increased fears of...

Interest cut possible this year—Remolona

Newly-appointed Bangko Sentral ng Pilipinas Governor Eli Remolona said an interest rate reduction is possible within the year if inflation rate falls below 4...

BSP Governor Remolona weighs interest cut this year

Newly-appointed Bangko Sentral ng Pilipinas Governor Eli Remolona said an interest rate reduction is possible within the year if inflation rate falls below 4...

Australia pauses rate hike on uncertainties

SYDNEY, Australia—The Reserve Bank of Australia left its key interest rate unchanged Tuesday, with governor Philip Lowe saying that while inflation had “passed its...

Asian markets fluctuate as rate-hope rally fades

Asian markets struggled for direction on Tuesday as investors weighed signs of a slowing US economy against hopes the Federal Reserve's interest rate hiking...

China central bank cuts key interest rate

BEIJING—China’s central bank cut a key interest rate and pumped billions into financial markets Thursday, as fresh data showed the world’s second-largest economy was...

China reduces key interest rate to lift economy

BEIJING—China’s central bank on Tuesday cut a key policy interest rate, in a surprise move to boost the country’s flagging economy. The People’s Bank of...

BMI predicts another BSP rate hike in June

The Bangko Sentral ng Pilipinas is expected to increase the key interest rate at least once more by 25 basis points to 6.5 percent...

Interest rate cut ‘too premature’ this year, says BPI

The Bank of the Philippine Islands said Friday it will be “too premature” for the Bangko Sentral ng Pilipinas to cut interest rates this...

BSP takes ‘prudent pause’ in interest rate increase cycle

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, maintained on Thursday the benchmark interest rate at 6.25 percent, calling it...
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