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ING expects rate hikes this year

The Bangko Sentral ng Pilipinas is seen to further raise the reserve requirement on banks and to hike policy rates within the year to preempt any adverse effects of growing liquidity in the economy.

Posted: April 2nd, 2014 in Headlines | Read More »

PSEi drops as BSP’s monetary tightening looms

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PSE index as of March 27, 2014, 3:40 PM. Screengrab from http://www.pse.com.ph

The local stock barometer slipped on Thursday ahead of a keenly awaited meeting by the local central bank, which has indicated a bias to shift to a monetary tightening cycle.

Posted: March 27th, 2014 in Latest Business Stories | Read More »

BSP keeps key policy rates steady

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The Bangko Sentral ng Pilipinas (BSP) kept key interest rates on hold during a policy meeting on Thursday as monetary officials chose to exercise caution amid an uncertain global economy.

Posted: July 26th, 2013 in Editor's Pick,Headlines | Read More »

BSP to keep interest rates low

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BSP Governor Amando Tetangco Jr.: No need to raise interest rates

The central bank will resist pressures to increase interest rates to keep foreign money from leaving the country, saying the Philippine economy had the legs to weather the current storm rocking Asia’s financial markets.

Posted: June 27th, 2013 in Editor's Pick,Headlines | Read More »

Bangko Sentral hints at further monetary easing

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The Bangko Sentral ng Pilipinas (BSP) has hinted at another easing of monetary policy in the coming Monetary Board meeting next week following the release of low-inflation data for May.

Posted: June 6th, 2013 in Headlines | Read More »

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