THE pause in the rate hike of the United States Federal Reserve does not bring analysts comfort that the Philippine monetary authorities will take the same position when they meet in two weeks. Local analysts are not discounting the possibility that the Monetary Board will again raise interest rates after an off-cycle hike of 25
While the economy can still withstand further rate hikes, it may be an unnecessary recourse that could hurt local producers and slow down the country’s GDP growth, according to the National Economic and Development Authority (Neda). In a briefing on Friday, Socioeconomic Planning Secretary Arsenio M. Balisacan said he is not in favor of further
WITH the increase in commodity prices reaching the high end of the Bangko Sentral ng Pilipinas (BSP) inflation expectations for September, analysts are now more certain that the Monetary Board will decide to raise key policy rates by November. Bank of the Philippine Islands (BPI) Chief Economist Emilio S. Neri said he expects a 25-basis-point
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Experts: NCR under GCQ unwise amid Covid spike businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.