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UNCERTAINTIES surrounding the imposition of the export ban by India and the El Niño have kept and may keep the Monetary Board “gun powder dry” when it comes to key policy rates. In an interview on the sidelines of the four-day Asia and the Pacific Food Security Forum on Tuesday,…
THE Bangko Sentral ng Pilipinas (BSP) could delay any rate cuts to the first quarter of 2025, pending improvements in the country’s economic performance, including cooler inflation. On Monday, the Monetary Board decided to retain the BSP’s Target Reverse Repurchase (RRP) Rate at 6.5 percent. With this, interest rates on…
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Higher infrastructure and consumption spending as well as slower inflation could allow the economy to post a growth of 5.6 percent or better, according to a local think tank. In its latest Market Call report, First Metro Investment Corp.-University of Asia and the Pacific (FMIC-UA&P) Capital Market Research maintained their…