Economists expect the BSP to raise rates a third time
With inflation sticky and the peso weak, most economists polled expect a third straight quarter-point hike from the central bank.
Marcos Calls Philippine Economy ‘More Than Steady’ as Prices Climb
President Ferdinand Marcos Jr. described the Philippine economy as more than steady while acknowledging higher inflation, rising unemployment and growing public debt.
Global Markets Rebound as US Inflation Reading Meets Expectations
World markets steadied after US consumer prices rose 3.4 percent in August, in line with forecasts, lifting equities and easing pressure on emerging-market assets.
Philippine Inflation Jumps to 7.2 Percent as Food and Fuel Costs Climb
Consumer prices in the Philippines rose 7.2 percent in September from a year earlier, led by rice, vegetables, and fuel, the Philippine Statistics Authority said.
US Federal Reserve Raises Interest Rates for First Time Since 2023
The Federal Reserve lifted its benchmark rate by a quarter point to a range of 3.75 to 4 percent, its first increase since 2023, citing inflation that has been slow to fall.
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