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BSP likely to keep key rates steady

A man walks past the HSBC's Hong Kong headquarters in central district of Hong Kong on March 4, 2013. The HSBC banking group could cut up to another 5,000 jobs as Europe's biggest bank looks to find further savings, the Financial Times reported on Monday, March 18, 2013.  AP PHOTO/VINCENT YU

The Bangko Sentral ng Pilipinas is likely to maintain its key interest rates steady for the rest of the year, but it may resume its monetary tightening measures by the first half of 2015 to keep inflation from breaching the target level, an economist from British banking giant HSBC said.

Posted: October 25th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

BSP expected to raise SDA rate by 25 bps in Sept.

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Bangko Sentral ng Pilipinas.  INQUIRER.net FILE PHOTO

The Bangko Sentral ng Pilipinas will likely decide to raise the special deposit account rate by at least another 25 basis points on its Sept. 11 meeting, an economist from British banking giant HSBC said.

Posted: August 19th, 2014 in Headlines,Latest Business Stories | Read More »

Cut exposure in PH stocks, HSBC tells clients

British banking giant HSBC has switched its call on Philippine equities to “underweight” from “overweight,” citing lofty valuations relative to the growing attractiveness of some other emerging markets in the region.

Posted: June 9th, 2014 in Headlines | Read More »

BSP seen to raise key rates

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Bangko Sentral ng Pilipinas building INQUIRER FILE PHOTO

The spike in last month’s inflation may force Bangko Sentral ng Pilipinas (BSP) to tighten its monetary policy further.

Posted: June 7th, 2014 in Editor's Pick,Headlines | Read More »

Economic growth still impressive, says HSBC

The Philippine economy’s performance in the first quarter, which fell short of all expectations, was still impressive and would likely prove to be a one-time slump in the country’s climb.

Posted: May 31st, 2014 in Headlines | Read More »

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