Friday, 5 July 2024
29 May 2024
1:24PM
PH watchful of global energy costs, high interest rates amid financial stability efforts
The government’s Financial Stability Coordination Council (FSCC) on Wednesday said it remains concerned about the continued volatility in global oil prices and persistently high US inflation — indicators that suggest a prolonged high-interest-rate environment.
11 Apr 2024
1:53PM
Fitch’s BMI Research: BSP to Hold Rates Steady, Eyes Second Half for Possible Cuts
By: Miguel R. Camus
The Bangko Sentral ng Pilipinas (BSP) is poised to keep rates unchanged in its May 16 policy meeting, aiming to ensure inflation falls within the 2-4 percent target range before making any rate cuts, likely in the second half of the year.
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