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May 27, 2024
The Bangko Sentral ng Pilipinas may cut interest rates by as much as 150 basis points in the next two years mainly due to the downtrend in inflation, according to Finance Secretary Ralph Recto.
December 14, 2023
MANILA :The Philippine central bank kept its benchmark interest rate steady at 6.50 per cent for a second straight meeting on Thursday as price pressures have started to ease, but said policy would have to stay "sufficiently tight" to bring inflation back to target. All but one of the 24 economists in a Dec.
December 14, 2023
MANILA (Reuters) -- The Philippine central bank kept its benchmark interest rate steady at 6.50% for a second straight meeting on Thursday as price pr