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Bangko Sentral seen to hike rates anew

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Bangko Sentral ng Pilipinas (BSP). RYAN LEAGOGO/INQUIRER.net

The Bangko Sentral ng Pilipinas (BSP) may decide to increase interest rates further at its next meeting as consumer prices surged to their fastest pace in nearly three years, the region’s biggest bank said.

Posted: August 9th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Inflation hits fastest pace since 2011

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AFP FILE PHOTO

Consumer prices rose at the fastest rate in nearly three years in July as food and fuel costs remained elevated, prompting the central bank to send more hawkish signals for possible further interest rate increases.

Posted: August 6th, 2014 in Editor's Pick,Headlines | Read More »

July inflation fastest in 3 years, says statistics office

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INQUIRER.net FILE PHOTO

Consumer prices rose by 4.9 percent in July, the fastest rate in nearly three years, as food and fuel costs remained high, prompting the central bank to send more hawkish signals for possible further interest rate hikes.

Posted: August 5th, 2014 in Latest Business Stories | Read More »

Tame fuel prices ease inflation worries

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Monetary authorities may turn less aggressive in mopping up liquidity in the system given the prospect of easing oil prices in international markets that reduces the need to keep inflation in check through demand curbs.

Posted: July 22nd, 2014 in Headlines | Read More »

Gov’t urged to act on inflation pressures

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The Department of Trade and Industry has stepped up its monitoring efforts amid speculations that prices of basic necessities and prime commodities have spiked as a result of the continued congestion at the port of Manila. INQUIRER FILE PHOTO

-Consumer prices will keep climbing unless administration officials adopt urgent measures to address the tightness in supply of key commodities, a senior central bank official said.

Posted: July 9th, 2014 in Editor's Pick,Headlines | Read More »

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