Tag: fed
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Rate cut probably after Fed — Recto
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THE BANGKO SENTRAL ng Pilipinas (BSP) will probably cut its policy rate after the US Federal Reserve, which has signaled it may start easing as late as December.
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BSP may cut policy rate before Fed
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THE Bangko Sentral ng Pilipinas (BSP) can cut its policy rate before the US central bank despite a volatile peso, Governor Eli M. Remolona, Jr. said on Tuesday.
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Peso hits 58:$1 as Fed stays hawkish
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THE BANGKO SENTRAL ng Pilipinas (BSP) warned it will intervene in the foreign exchange market as the Philippine peso on Tuesday closed at the 58-per-dollar level for the first time in over 18 months.
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BSP has room to ease before Fed
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THE BANGKO Sentral ng Pilipinas (BSP) still has room to cut rates before the US Federal Reserve, analysts said, but warned of such a move’s impact on the peso.