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The rate cut was in line with market expectations, as benign domestic inflation and headwinds from tariffs and global geopolitics backed the case for continued easing.
THE BANGKO SENTRAL ng Pilipinas’ (BSP) current monetary easing cycle is expected to be “deeper” compared to some of its Southeast Asian peers amid a benign inflation outlook, with one more rate cut ...
MANILA: The Philippine central bank cut its policy rate by 25 basis points to 5.25%, its governor announced on Thursday, taking the rate to its lowest level in two-and-a-half years.
MANILA -- The Philippine central bank on Thursday trimmed its benchmark rate by 25 basis points as it moved to support economic growth, wielding policy flexibility recently gained from the ...
THE Bangko Sentral ng Pilipinas (BSP) could wrap up its easing cycle via two more 25-basis point (bps) rate cuts in 2025, Deutsche Bank Research said. It said the central bank would want to keep a ...
The Bangko Sentral ng Pilipinas (BSP) issued yesterday a statement concerning earlier news reports about certain groups pressing for the immediate reopening of Urban Bank. Following is the BSP ...
Bangko Sentral ng Pilipinas Gov. Eli Remolona said Monday that the central bank maintained its benchmark overnight reverse repurchase rate at 6.50%, deeming it appropriate to keep monetary policy ...
In fact, last year, the central bank released a survey showing that 53% of the country’s population, or 36 million people, were unbanked. “In this light, the Bangko Sentral recognizes that as VAs ...
The Bangko Sentral ng Pilipinas (BSP) is investigating reports of a bank run at a small thrift bank with over 10,000 depositors. First Savings Bank, with head offices in E. Rodriguez Avenue in ...