WebApr 10, 2024 · MANILA -The slowdown in Philippine headline inflation firmed up expectations that the hikes in the Bangko Sentral ng Pilipinas (BSP) policy rate will pause in May, but rising core inflation keeps ... WebJan 6, 2024 · The BSP will likely deliver its own cuts following the Fed, but still maintaining the 100 to 200 bps differential with US rates. The BSP policy rate could go down to 4.75 percent in the latter ...
Rate cuts require multiple vistas–BSP chief Cai U. Ordinario
WebOct 9, 2024 · The BSP Monetary Board is holding the last two of its scheduled eight-rate setting meetings for this year on Nov. 17 and Dec. 15. The body meets every after six weeks to set key policy rates. Web2 days ago · In an interview with Bloomberg on the sidelines of the World Bank-IMF Spring meetings in Washington, BSP Governor Felipe M. Medalla said cutting key policy rates … layla ricroch drees
Calendar of Monetary Policy Meetings - Bangko Sentral …
WebJan 15, 2024 · The Bangko Sentral ng Pilipinas (BSP) raised borrowing costs by 50 basis points (bps) during its Dec. 15 meeting, adding to the 350 bps worth of rate hikes in 2024 and bringing the key rate to a 14-year high of 5.5%. “Amid broad-based inflation pressures, persistent upside risks to inflation, and elevated inflation expectations, the Monetary ... WebMar 19, 2024 · The US central bank hiked its target interest rate by 25 bps at its Jan. 31 to Feb. 1 meeting to a range between 4.5% and 4.75%. Since March 2024, the Fed has raised rates by a total of 450 bps. For this week, Mr. Ricafort said the policy decisions of the Fed and the BSP will dictate peso-dollar trading this week. Web1 day ago · MANILA —The Bangko Sentral ng Pilipinas could pause its interest rate hike streak in the next monetary policy meeting if the consumer price index continues its downward trend in April, BSP Gov. Felipe Medalla said. Inflation decelerated for the second straight month in March to 7.6 percent from 8.6 percent in February. layla revisited youtube