BSP chief says another policy rate cut possible | Philstar.com
1 day ago · MANILA, Philippines — Despite the series of rate cuts it delivered last year, the Bangko Sentral ng Pilipinas (BSP) said monetary policy remains restrictive, leaving room for more easing this year.
BSP has room to further ease policy, governor says - Interaksyon
2 days ago · MANILA — The Philippine central bank has room to ease monetary policy, its governor said on Thursday, following this week’s data showing annual inflation stayed within its 2% to 4% target range in 2024. “There’s still some room to ease,” Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said at a Rotary Club event. The Philippines reached its 2% to 4% inflation target for the ...
Bank lending, domestic liquidity grow in November as rates ease
1 day ago · Bangko Sentral ng Pilipinas ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.
BSP delivers 25 bps rate cut, says same reduction possible in Dec.
Oct 16, 2024 · The Bangko Sentral ng Pilipinas (BSP) on Wednesday decided to cut key policy rates by 25 basis points and hinted at further easing in December. The target reverse repurchase (RRP) rate will be reduced to 6.0%, the overnight deposit rate to 5.5%, and the overnight lending facility rate to 6.5% effective Thursday, October 17.
Bangko Sentral again cuts interest rates as inflation eases
Oct 16, 2024 · MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) cut its interest rates by 25 basis points (bps), bringing its key policy rate to 6% as the central bank continues to “shift...
BSP to 'substantially' cut reserve requirement in 2024
Sep 18, 2024 · The Bangko Sentral ng Pilipinas (BSP) is looking to cut the reserve requirement ratio, the amount of cash a bank must hold in its reserves against deposits, “substantially” this year and reduce it further in 2025.
PH sold 24.9 tonnes of gold in H1 2024; part of strategy, says BSP
Sep 24, 2024 · The Bangko Sentral ng Pilipinas (BSP) on Monday defended the sale of its gold holdings in the first half of the year, saying this is part of its “active management strategy” of the country’s gold reserves.
Bangko Sentral ng Pilipinas
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Bangko Sentral holds interest rates at 6.5% for third ... - RAPPLER
Feb 15, 2024 · MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) maintained its key policy rate at 6.5%, the third time that the central bank has kept rates steady since an off-cycle hike in...
Philippine central bank cuts policy rate by 25 bps | The Star
Aug 15, 2024 · Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the balance of risks for the inflation outlook were tilted towards the downside for 2024 and 2025.