Thursday, May 21, 2026
Today's Print

Tag: interest rates

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 that may encourage central...

BSP eyes cutting banks’ 12% reserve requirement

Bangko Sentral ng Pilipinas Governor Felipe Medalla said Thursday the reserve requirement of banks may be reduced from 12 percent in the first semester...

First Metro sees GDP growing 6% this year

First Metro Investment Corp., the investment banking arm of the Metrobank Group, expects the Philippine economy to grow by 6 percent in 2023, slower...

Fed sees chance to lower inflation without downturn

WASHINGTON—US unemployment has stayed low despite rising interest rates and easing inflation, representing a “hopeful sign” that consumer prices can come down without a...

Bank loans climbed 13.7% in November despite high interest

Bank lending sustained its double-digit growth in November despite the rising interest rates and elevated inflation, data from the Bangko Sentral ng Pilipinas showed...

Inflation and interest rates

"Amidst the continuing increase in the prices of basic goods, 66 of every 100 Filipinos say controlling inflation is issue No. 1 for the...

Peso fell 9.3% in 2022 to close at 55.75 a dollar

The peso depreciated 9.3 percent against the US dollar in 2022, pulled down by global uncertainties that impacted financial markets, including the surge in...

Stock market declines; index down 7.8% in 2022

The PSE index, the 30-company benchmark of the Philippine Stock Exchange ended 2022 in the red to close at 6,566.39, down 7.81 percent from...

Local banks remain resilient despite headwinds

The Philippines banking industry remained resilient and strong despite global headwinds such as the rising interest rates, the geopolitical crisis in Eastern Europe and...

US economy slows on pessimism over high interest rates

Washington, United States—US economic activity eased in recent weeks, while uncertainty and “increased pessimism” clouded the country’s outlook amid high prices and rising interest...

PH economy to pull through ‘very difficult challenges’, says Medalla

The Philippine economy will pull through “very difficult challenges” such as high inflation and interest rates, Bangko Sentral ng Pilipinas Governor Felipe Medalla said...

Share prices expected to sustain momentum

Shares prices are expected to sustain their upward momentum this week on hopes that interest rate hikes would soon ease. Analysts said the lower-than-expected US...

Asian markets rise ahead of Fed decision

Hong Kong, China—Most markets rose Monday ahead of a crucial Federal Reserve policy meeting later in the week, with investors hoping for a less...

Euro back above the dollar on big rate hikes

New York, United States - The euro on Wednesday jumped back above parity with the dollar, the US currency sliding against its main rivals...
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