BSP

Philippines Central Bank Optimistic About Potential Rate Cut in April

9 days ago

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has indicated a promising outlook for a potential rate cut in April. This prospective move comes as economic conditions in the region appear to evolve favorably. BSP Governor Felipe Medalla has communicated optimism about the possibility of reducing interest rates, particularly in response to easing inflationary pressures.

Philippine Central Bank Chief Hints at April Rate Cut Amid Modest Tariff Concerns

14 days ago

The Governor of the Bangko Sentral ng Pilipinas (BSP), Felipe Medalla, recently signaled a potential reduction in interest rates in April, emphasizing the expected moderate impact of tariff adjustments on inflation levels. As the Philippines navigates through varying economic challenges, Medalla's remarks aim to reassure investors and the general public regarding the country's monetary policy direction.

Moody's Economist Predicts Philippine Rate Cut After Unforeseen Pause

2 months ago

In a surprising development, an economist from Moody's has forecasted that the Bangko Sentral ng Pilipinas (BSP) is likely to implement a reduction in interest rates by April. This prediction comes on the heels of an unexpected decision by the central bank to pause its monetary tightening policy during its recent meeting.

Philippine Central Bank Surprises with Steady Key Rate Decision Amid Economic Uncertainties

2 months ago

In a move that caught many analysts off guard, the Bangko Sentral ng Pilipinas (BSP) opted to keep its benchmark interest rate unchanged at 6.25% during its latest monetary policy meeting. This unexpected decision came as inflation rates showed signs of stabilizing, with the central bank suggesting that the current economic conditions did not warrant a shift in policy, despite pressures from rising global commodity prices.

Philippines Central Bank Poised to Implement Third Consecutive Key Rate Cut

4 months ago

The Bangko Sentral ng Pilipinas (BSP) is anticipated to reduce its benchmark interest rate for the third time as part of its ongoing economic strategy. This move comes amidst increasing signals from policymakers regarding a shift in monetary policy as they look to stimulate economic growth in a challenging environment.

Philippine Peso Predicted to Weaken Amid Economic Risks, Says BSP Governor

5 months ago

The Philippine peso is under pressure and could potentially decline to as low as 59 to the US dollar if prevailing economic risks escalate, according to Felipe Medalla, the governor of the Bangko Sentral ng Pilipinas (BSP). His comments come amid concerns over rising inflation and geopolitical tensions, which could impact financial stability and investor confidence in the country.

Philippines Lowers Key Interest Rate Again as Inflation Relaxes

6 months ago

The Bangko Sentral ng Pilipinas (BSP) has made a significant move by reducing the key interest rate for the second consecutive time, responding to a notable slowdown in inflation rates within the country. This latest decision reflects a shift in the monetary policy landscape aimed at stimulating economic growth and alleviating the financial burdens on Filipinos.