Monetary Policy

Tuesday, 2 July 2024

5 days ago

Remolona says lower interest rates by Aug. ‘somewhat more likely than before’

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Thursday that an interest rate cut is increasingly likely for August based on current inflation trends.

BSP keeps interest rates steady at 6.5% as inflation risks ease

27 Jun 2024

3:41PM

17 May 2024

5:49PM

BSP wants to cut banks’ reserve ratio by almost half, governor tells Bloomberg TV

By: Daxim L. Lucas

The country’s monetary regulator intends to reduce banks’ reserve requirement ratio — a portion of their deposits cannot be used for commercial lending — by almost half once the inflation rate eases.

Remolona says “less hawkish” BSP may cut interest rates by August

16 May 2024

5:04PM

BSP Keeps Interest Rates Steady to Curb Inflation Risks

16 May 2024

3:13PM

5 Apr 2024

10:00AM

BSP Warns of Possible Inflation Spike in Next Quarters of 2024

The Bangko Sentral ng Pilipinas (BSP) on Friday warned that, while March 2024's inflation rate of 3.7% fell within expectations, the pace of price increases may rise above the target range in the upcoming two quarters.

1 Apr 2024

2:05PM

BSP Eyes 3.4-4.2% March Inflation Amid Economic Challenges

The Bangko Sentral ng Pilipinas (BSP) forecasted inflation rates to have ranged between 3.4% and 4.2% in March, signaling persistent inflationary pressures.