Page 45 - Monetary Board News Today

WE can safely say that the Philippines has neutralized the high inflation rate that hounded us at the start of the year. Former Bangko Sentral ng Pilipinas Governor Felipe Medalla did a good job at taming prices and keeping the economy stable, and I am confident the new BSP chief…

INFLATION probably moderated for a fifth straight month in June following price drops for food and fuel items, economists told The Manila Times.

INFLATION could have slowed to as low as 5.3 percent in June or remained unchanged at 6.1 percent, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

Finance Secretary Benjamin Diokno also does not see any rate cut until there is 'strong evidence of a decline' in inflation

MANILA (Reuters) — Philippine Finance Secretary Benjamin Diokno said he expected the central bank, of which he is a policymaker, to take a "long pause" in raising interest rates steady

THE peso and the stock market opened the week on a positive note, with investor sentiment said to have been buoyed by a new hedging facility, the appointment of a new central bank chief, and increased business optimism.

PHILIPPINE monetary authorities are done with hiking interest rates but will only begin cutting in 2024, a Fitch Group unit said.

The Monetary Board (MB) has disqualified six entities from registering with the Bangko Sentral ng Pilipinas (BSP) for operating money service businesses (MSBs) without central bank registration. Entities barred from securing BSP registration include the Bontoy Money Changer and Nurul Money Changing Services based in Pasay City as well as…

INCUMBENT Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla and the Philippine bankers expressed confidence in the appointment of Eli Remolona as the next central bank governor.

THE Bangko Sentral ng Pilipinas (BSP) can afford to keep its policy rate steady for the rest of the year even if the US Federal Reserve follows through with two more rate hikes, economists said.