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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 »

Regulator keeps interest rates steady

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

The adjustment in key rates was kept on hold yesterday as the Bangko Sentral ng Pilipinas (BSP) saw more stable consumer prices through 2016.

Posted: October 24th, 2014 in Editor's Pick,Headlines | Read More »

BSP lowers inflation guard, sees stable conditions

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INQUIRER FILE PHOTO

Consumer price increases likely reached their peak at close to 5 percent in July and August, and conditions for the rest of the year should stabilize, a senior monetary official Friday said.

Posted: October 18th, 2014 in Headlines,Latest Business Stories | Read More »

Slower September inflation to boost 2nd half GDP, says DOF

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Bangko Sentral ng Pilipinas.  INQUIRER.net file photo

The lower inflation rate posted in September augurs well for the economy, which needs to expand faster in the second half in order to reach the 6.5-7.5 percent growth target for 2014, according to the Department of Finance’s chief economist.

Posted: October 9th, 2014 in Latest Business Stories | Read More »

Inflation slowed down to 4.4% in September

By ,
Liquefied petroleum gas. AFP FILE PHOTO

The rate of consumer price increases slowed down in September on the back of tempered increases in the prices of basic goods and utilities, official data released on Wednesday showed.

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

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