Economic officials confirmed that the persisting elevated interest rates will affect the Philippine government’s debt servicing program.
The Financial Stability Coordination Council (FSCC) which held...
Finance Secretary Ralph Recto said Monday he expects the Bangko Sentral ng Pilipinas (BSP) to reduce the key interest rates by August 2024.
“That’s very...
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday kept its key interest rates steady to combat inflation.
The Monetary Board said...
Finance Secretary Ralph Recto expects the Bangko Sentral ng Pilipinas (BSP) to keep the interest rates steady for its fourth consecutive policy meeting since...
The Bangko Sentral ng Pilipinas (BSP) is not likely to cut interest rates soon because of the persisiting upside inflations risks.
BSP Governor Eli Remolona,...
Bank loans and money supply continued to grow in December 2023, despite higher interest rates, according to preliminary data from the Bangko Sentral ng...
HONG KONG, China—Markets were mixed Monday as China’s decision to cut interest rates again failed to reassure investors, who are increasingly worried about the...
Bangko Sentral ng Pilipinas Governor Eli Remolona said Friday there is still room for local monetary authorities to increase the prevailing interest rates, if...
The Philippine Stock Exchange index fell below the 6,300 level Friday amid lingering concerns on possible increase in inflation and interest rates.
The 30-company bellwether...
After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance...
