Economist warns it's premature to cut rates; biz leaders expect interest rates to remain steady
Economist warns it’s premature to cut rates; biz leaders expect interest rates to remain steady
Source: sunstar.com.ph
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Inflation rate goes up 5.3 % in August
Inflation rate goes up 5.3 % in August
Source: sunstar.com.ph
BPI eyes 6.3% economic growth for 2023 | The Manila Times
AYALA-LED Bank of the Philippine Islands (BPI) projects a 6.3-percent growth for the domestic economy this year and 6.5 percent for next year, seen to be buoyed by increased spending as inflation decelerates further.
Source: manilatimes.net
BSP unlikely to match Fed’s pause if inflation stays high
For context, painful inflation has softened after soaring to 14-year highs towards the end of 2022.
Source: philstar.com
BSP may keep rates on hold until next year: Philippines
Aris Dacanay, economist for ASEAN at HSBC, said the further easing of inflation to a 12-month low of 6.1 percent in May from 6.6 percent in April keeps the policy rate outlook unchanged
Source: zawya.com