Stay updated with breaking news from Target Reverse Repurchase. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
THE passage of key tax reforms and harnessing local government units (LGUs) as engines of growth are among the factors that will sustain the country’s recent economic gains, according to the country’s Finance Secretary. Finance Secretary Benjamin E. Diokno said growth in 2023 is projected to be near the low…
THE Monetary Board of the Bangko Sentral ng Pilipinas (BSP) decided to pause its monetary tightening efforts as inflation expectations are now expected to be within target by 2024 and 2025. The Target Reverse Repurchase (RRP) Rate remains unchanged at 6.5 percent. The interest rates on the overnight deposit and…
The Bangko Sentral ng Pilipinas (BSP) is considering an off-cycle rate hike as early as Thursday this week if the latest data shows that inflation is poised to worsen in October. BSP Governor Eli M. Remolona Jr. told reporters on Tuesday that an off-cycle rate hike “is on the table.” This may happen as early
WITH the increase in commodity prices reaching the high end of the Bangko Sentral ng Pilipinas (BSP) inflation expectations for September, analysts are now more certain that the Monetary Board will decide to raise key policy rates by November. Bank of the Philippine Islands (BPI) Chief Economist Emilio S. Neri said he expects a 25-basis-point
The Bangko Sentral ng Pilipinas (BSP) is keen on cutting the reserve requirement ratio (RRR) next year, as the “old-school tool” could lead to a distortion of financial intermediation. At the EagleWatch economic briefing on Thursday, BSP Governor Eli M. Remolona Jr. said the present RRR is currently at 9.5 percent and was still high