Philippines Interest Rate Decision
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) is in charge of making interest rate decisions in the Philippines. The reverse repo rate (RR/P), which is the overnight borrowing rate, serves as the official interest rate. The Philippine central bank is dedicated to promoting and maintaining price stability, as well as providing proactive leadership in establishing a robust financial system that supports balanced and sustainable economic growth.
Hodnoty vyššie, ako sa očakáva, by sa mali považovať za pozitívne (býčie) pre PHP a pod očakávané hodnoty by sa mali považovať za negatívne (medvedie) pre PHP.
Správy (PHP)
Philippine Central Bank Holds Rate Steady
The Philippine central bank maintained its benchmark interest rate for the fourth consecutive meeting despite the rising inflation expectations. The Monetary Board governed by Eli Remolona, maintained the target reverse repurchase rate at 6.50 percent, as widely expected. Previously, the bank had raised the rate by a quarter-point in October.
RTTNews | Pred 11 dňami
Philippine GDP Expands More Than Forecast
The Philippine economy expanded more than expected in the fourth quarter driven by investment and household spending but the full year growth missed the government target. Economic growth moderated to 5.6 percent in the fourth quarter from 6.0 percent in the preceding period. However, this was better than the expected expansion of 5.2 percent.
RTTNews | Pred 79 dňami
Philippine Central Bank Keeps Rate Unchanged
The Bangko Sentral ng Pilipinas kept its policy rates untouched on Thursday after an off-cycle rate hike in October and hinted at more tightening if required to steer inflation towards a target-consistent path. The Monetary Board, led by Governor Eli Remolona, maintained the target reverse repurchase rate at 6.50 percent.
RTTNews | Pred 155 dňami
