WebNov 17, 2024 · A A. The Monetary Board, the policy-setting body of the Bangko Sentral ng Pilipinas, on Thursday raised the benchmark policy rate by 75 basis points to a 13-year high of 5 percent as expected to catch up … WebJul 14, 2024 · Key Points. The Philippine central bank raised its key interest rates by 75 basis points in a surprise move on Thursday and kept the door open for further tightening as it rushed to contain ...
Consumers less pessimistic in first quarter — BSP
Web4 hours ago · This marks the slowest rate of growth in over a year, according to PSA data. Based on preliminary PSA data, the rise in March construction materials retail price index … WebThe BSP decided to raise the key policy interest rate to 5.0 percent. On 17 November 2024, the BSP decided to raise its key policy rate by 75 basis points (bps) to 5.0 percent … hayley fashion
No move from the Philippines’ central bank despite inflation ...
Web4 hours ago · This marks the slowest rate of growth in over a year, according to PSA data. Based on preliminary PSA data, the rise in March construction materials retail price index (CMRPI) eased from 5.4% in February and 4.8% in March last year. The 4.1% reading in March was the lowest since February 2024 when retail construction materials prices … WebSep 16, 2024 · RCBC chief economist Michael Ricafort (File photo). MANILA – An economist is open to another off-cycle rate increase from the Bangko Sentral ng Pilipinas (BSP) as the United States' August 2024 inflation surpassed expectations despite a deceleration to 8.3 percent.. The US consumer price index (CPI) slowed from 8.5 percent … WebDec 17, 2024 · The BSP has kept the country's benchmark interest rate at 2 percent for the entire year to support economic recovery. "We at Fitch Solutions maintain our view that the Bangko Sentral ng Pilipinas will only gradually tighten monetary policy through 2024, as it looks to the economic recovery for guidance," it said in a statement. hayley feldman madison wi