Tag: cut
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BSP chief says ‘a little bit less likely’ to cut rates
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THE BANGKO SENTRAL ng Pilipinas (BSP) is now “a little bit less likely” to cut rates at its Aug. 15 meeting after inflation breached the 2-4% target band in July, its governor said. “A little bit less likely (to ease) because inflation is high. But we have to look at…
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BSP still hints at rate cut in August
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A POSSIBLE BREACH in the inflation target this month will not derail the Bangko Sentral ng Pilipinas’ (BSP) planned rate cut by August, its top official said.
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BSP may cut by 50 bps in October — BMI
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A WEAK PESO may cause the Bangko Sentral ng Pilipinas (BSP) to delay the start of its easing cycle, with a 50-basis-point (bp) cut in October at the earliest, Fitch Solutions’ unit BMI said. “Given that the peso has come under heavy pressure due to fluctuations in US interest rate…
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BSP stands pat, signals rate cut in Aug.
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THE BANGKO SENTRAL ng Pilipinas (BSP) kept interest rates steady for a sixth straight meeting on Thursday but signaled that a rate cut at its next meeting in August is “somewhat more likely than before,” with up to 50 basis points (bps) in easing likely this year.
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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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Balisacan defends decision to cut tariffs on imported rice
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NATIONAL ECONOMIC and Development Authority (NEDA) Secretary Arsenio M. Balisacan on Monday defended the government’s decision to slash tariffs on rice until 2028, saying this would reduce the impact of elevated global rice prices on Filipino consumers. “If you reduce the tariff… that will dampen the effects of world rice…
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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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Central bank to cut rates by up to 150 bps — survey
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THE Bangko Sentral ng Pilipinas (BSP) could reduce rates by up to 150 basis points (bps) this year, its survey of private sector analysts showed, as inflation is likely to fall within the 2-4% target range. In the Monetary Policy Report for May 2024, the results of the BSP’s survey…
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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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US EPA Finalizes Sweeping Rules to Cut Pollution from Power Plants and Advance Environmental Justice
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The U.S. Environmental Protection Agency (EPA) has released a comprehensive set of final rules aimed at significantly reducing pollution from fossil fuel-fired power plants. These regulations, which encompass the Clean […] The post US EPA Finalizes Sweeping Rules to Cut Pollution from Power Plants and Advance Environmental Justice appeared first…