Tag: bsp
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GDP growth may fall below target in 2024, 2025 — BSP
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PHILIPPINE economic growth may fall below the government’s target this year and in 2025, as high interest rates dampen domestic demand, the Bangko Sentral ng Pilipinas (BSP) said. “The outlook on domestic economic activity remains intact, even as the economy is projected to operate slightly below potential. Economic growth could…
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BSP to maintain ‘restrictive’ policy
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THE Bangko Sentral ng Pilipinas (BSP) will keep monetary policy settings “restrictive” as upside risks to inflation remain.
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BSP seeks to curb forex speculation
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THE BANGKO SENTRAL ng Pilipinas (BSP) will only intervene in the foreign exchange (forex) market to “control the speculation,” its top official said.
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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.
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BSP signals possible rate cut in Aug.
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THE BANGKO ng Pilipinas (BSP) stood pat for a fifth straight meeting but signaled a “less hawkish” tone amid lower-than-expected inflation.
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Recto expects BSP to keep rates steady amid weak peso
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LATEST INFLATION DATA and the recent peso performance will likely prompt the central bank to extend its policy pause, Finance Secretary Ralph G. Recto said. “We’ll take a look at the data. So far, the way I see it, unless something changes between now and then, I think (it will…
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BSP seen to start easing in 3rd quarter
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THE BANGKO SENTRAL ng Pilipinas (BSP) could begin easing policy as early as the third quarter if inflation continues to stabilize, analysts said.
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BSP expected to keep rates steady
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THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to extend its policy pause for a fifth straight meeting this week as inflation risks remain.
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BSP has leeway to keep rates steady
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THE BANGKO SENTRAL ng Pilipinas (BSP) still has room to extend its policy pause even as inflation is expected to have picked up further last month, its top official said.
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Further BSP rate hikes unlikely even if inflation exceeds target anew
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FURTHER TIGHTENING by the Bangko Sentral ng Pilipinas (BSP) is unlikely unless inflation expectations take a turn for the worse, analysts said.