Thursday, May 21, 2026
Today's Print

Tag: interest rates

February inflation likely reached 8.9% —Moody’s Analytics

Moody’s Analytics, a division of Moody’s Corp., said Monday inflation in the Philippines likely accelerated to 8.9 percent in February from a 14-year high...

Higher interest rates drag bank lending growth

Bank lending growth in January slowed to 10.4 percent from 13.7 percent in December amid the rising interest rates and elevated inflation. Latest data from...

South Korea freezes rates on slowing economy, ending a year of price hikes

SEOUL—South Korea’s central bank on Thursday froze benchmark interest rates at 3.5 percent owing to concerns over the slowing economy, ending a year-long run...

Fitch Solutions sees PH growth slowing to 5.9% in 2023

The Philippine economy will likely underperform in 2023 from a 46-year high growth of 7.6 percent in 2022 because of the combined effects of...

US Fed’s action to affect peso-dollar movement

The movement of the peso this year will largely hinge on the actions of the US Federal Reserve whether it will raise or cut...

Cautious trading seen this week on rate hike concerns

Local stocks are expected to continue moving sideways this week as high inflation and interest rates weighed on investor sentiment. Analysts said investors were worried...

US retail sales rebounded 3% on biggest gain since 2021

WASHINGTON, United States—Retail sales in the United States rebounded in January, government data showed Wednesday, logging the biggest gain since early 2021 as policymakers...

High rent and gas prices keeping US inflation elevated

WASHINGTON—Rising rents, a gasoline price rebound and vehicle costs helped keep US inflation elevated in January, analysts say, amid signs that policymakers have some...

LandBank bullish on retail treasury bonds offering

Land Bank of the Philippines expects more investors to put their money in the latest retail treasury bonds offering of the government and take...

British bank sees PH inflation averaging 5.7% in 2023

Hongkong and Shanghai Banking Corp. raised on Thursday its full-year 2023 inflation forecast for the Philippines to 5.7 percent from 5 percent previously, taking...

Stock market, peso climb on Fed comment

Local stocks and the peso rebounded Wednesday from a two-day slump, but traders remained on edge after Federal Reserve boss Jerome Powell reiterated that...

Peso and stocks slide on inflation report

Both the Philippine peso and local stocks tumbled for a second day after the government announced that inflation rate hit 8.7 percent in January,...

Markets struggle before central bank rate decisions

Stock markets wavered on Monday with central banks set to lift interest rates again later this week, as policymakers battle high inflation. Wall Street retreated...

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...
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