Wednesday, May 20, 2026
Today's Print

Tag: interest rate

Bank loans grew by 12% in July despite rate hikes

Bank loans expanded 12 percent in July from a year ago providing support to domestic activities that are crucial to economic recovery despite the...

Fitch Solutions expects BSP to hike rate to 4.5% this year

Fitch Solutions, a unit of the Fitch Group, said Monday it expects the Bangko Sentral ng Pilipinas to further increase the policy interest rate...

Bangko Sentral prepares another interest rate hike

The Bangko Sentral ng Pilipinas is set to increase the benchmark interest rate today to tame inflation, its top official said Wednesday. Bangko Sentral ng...

BSP eyes bigger rate hike as peso falls

The Bangko Sentral ng Pilipinas said Thursday it is prepared to raise the benchmark interest rate by 50 basis points next month, as the...

Salceda asks BBM gov’t to shield the poor from inflation

Albay Rep. Joey Sarte Salceda has called on the Marcos economic team to focus on “solving constraints in the real economy” and to “shield...

Peso falls further to 54.70:$1 on gradual BSP adjustment

The peso neared the 55-per-dollar mark Thursday, the lowest in over 16 years, as the 25-basis-point adjustment in the Bangko Sentral’s interest rate failed...

Peso slumped to a 16-year low of 54.47 a dollar

The peso fell to its weakest level in more than sixteen-and-a-half years against the US dollar Wednesday, amid the possibility of more aggressive interest...

Peso tumbles to 44-month low of 54.26 a dollar on Fed rate hike

The peso tumbled Tuesday to a new 44-month low of 54.265 against the US dollar in line with regional currencies’ weakness following the ...

US Fed raises borrowing cost by 75 basis points—biggest hike since 1994

WASHINGTON, United States—The US Federal Reserve announced the most aggressive interest rate increase in nearly 30 years  on Wednesday, and said it is prepared...

Foreign direct investments climbed 2% to $2.44b in Q1

Net inflows of foreign direct investments rose 2 percent in the first quarter to $2.439 billion from $2.391 billion a year ago despite external...

Economist sees Bangko Sentral raising interest rate in second half

A private bank economist said Friday the Bangko Sentral ng Pilipinas is expected to start raising the overnight borrowing rate of 2 percent by...

Interest rate hike in March to depend on inflation data

WASHINGTON, United States—A US Federal Reserve official said Monday she expected high inflation through at least the first half of 2022 and therefore backs...

Fed’s credibility is ‘on the line’ amid US inflation spike—official

WASHINGTON, United States—The Federal Reserve needs to accelerate the pace of interest rate increases to fight inflation, but can do so in a way...

China trims interest rate for the 1st  time in 20 months

BEIJING, China—China’s central bank cut a key interest rate on Monday for the first time in nearly two years in a bid to kickstart...
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