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April inflation likely at 3.5-4.3%–BSP forecast

THE Bangko Sentral ng Pilipinas (BSP) projects that inflation may have risen further due not only to higher rice and oil prices, but also the recent depreciation of the Philippine peso. In its Month-Ahead inflation forecast, BSP said inflation may have settled within the 3.5 to 4.3 percent range in…

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BSP: Mideast tensions to blame in peso slide

THE Bangko Sentral ng Pilipinas (BSP) blamed the recent depreciation of the Philippine peso on escalating tensions in the Middle East, even as he gave assurances they can manage “any unnecessary movement and excessive volatility.” In a statement, BSP Governor Eli M. Remolona Jr. said the escalation of the conflict…

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Economist: Veto 'betrayal of people's trust'

Economist: Veto 'betrayal of people's trust'
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N.G. '23 debt payments up 23.97% to ₱1.6T—BTR | Reine Juvierre S. Alberto

THE national government reported a total of P1.603 trillion in debt payments in 2023, up by nearly 24 percent from the previous year, with amortization outpacing interest payments, according to the Bureau of the Treasury (BTr). Data from the Treasury showed the country’s debt service in 2023 rose by 23.97…

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Auckland.Scoop » A Third Of NZ Flood Damages Not Insured

Scoop Auckland provides news and views from Auckland, New Zealand

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Business.Scoop » A Third Of NZ Flood Damages Not Insured

Business Scoop provides news and views on Business and Markets from New Zealand

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A Third Of NZ Flood Damages Not Insured

WELLINGTON, New Zealand , 30 January 2024 – A Public Good Insight released today by the New Zealand Institute of Economic Research (NZIER) estimates New Zealanders’ uninsured losses from the Auckland Anniversary Weekend floods and Cyclone Gabrielle ...

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WRAPUP 1-Fed's Powell, others, not ready to call policy peak

WRAPUP 1-Fed's Powell, others, not ready to call policy peak
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Fed rate hike: Fed's Powell, others, not ready to call policy peak

Speaking at a separate event, Richmond Fed President Thomas Barkin noted that it "remains to be seen" if further tightening will be warranted, particularly with the economy growing at a 4.9% clip last quarter.

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Fed's Powell, others, not ready to call policy peak

Fed's Powell, others, not ready to call policy peak
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