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CHEAPER vegetables and sugar may have led to an inflation rate in January that is well within the government’s targets, according to the Bangko Sentral ng Pilipinas (BSP). In its month-ahead inflation forecast, BSP said inflation could settle at 2.8 percent to 3.6 percent. BSP Governor Eli M. Remolona Jr.…
HIGHER investments in agriculture and infrastructure are potent non-monetary measures that can help bring down inflation, according to Monetary Board members. Monetary Board Member Bruce J. Tolentino told BusinessMirror on Monday that efforts to boost spending for agriculture, infrastructure, power, trade, and government operation will greatly contribute to bringing down…
Bangko Sentral ng Pilipinas (BSP) opened the door to a possible interest rate cut within 2024 while acknowledging the need for caution due to base effects in in
IF the economy grew faster in the last quarter of 2023, the Monetary Board, the highest policymaking body of the Bangko Sentral ng Pilipinas (BSP), may consider hiking interest rates. At the sidelines of the recent Annual Reception for the Banking Community, BSP Governor Eli M. Remolona Jr. told reporters…
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