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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 »

Wary of inflation, BSP stands ready to reset key policy rates

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Monetary authorities are closely watching how the rise in food and power costs and the easing of fuel pump prices will affect inflation.

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

Interest rates on the way up, says BSP

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Interest rates in emerging markets are expected to go up as monetary authorities across the world try to cope with volatility in financial markets caused by policy moves by the likes of the US Federal Reserve.

Posted: July 3rd, 2014 in Headlines | Read More »

Peso may fall to P46 against US dollar by end of 2014—UBS

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AFP file photo

The peso might depreciate to the 46 level against the US dollar by this yearend and further to 47 by the end of 2015 due to a “pretty loose” local monetary policy, the bottoming out of US interest rates and some oil price pressures, an economist from Swiss investment bank said.

Posted: June 23rd, 2014 in Latest Business Stories,Money | Read More »

Interest rates seen to rise this week

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Bangko Sentral ng Pilipinas. INQUIRER FILE PHOTO

Borrowing costs are set to head north with the Bangko Sentral ng Pilipinas (BSP) seen further tightening policy settings this week amid efforts to stabilize consumer prices.

Posted: June 16th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

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