Monetary Board moves April meet
MONETARY authorities have rescheduled an upcoming policy meeting, choosing to await the release of inflation data for March.
Eli Remolona-Junior latest news
Inflation seen rising in March
INFLATION will likely rise further this month but stay within target, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Wednesday.
BSP keeps policy rate at 6.5%
MANILA, Philippines — The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its key policy rate.
Recto: Bangko Sentral done with hiking rates
MONETARY authorities are unlikely to further tighten policy as key interest rates are high enough, Finance Secretary Ralph Recto said on Thursday.
BSP: Rate hikes' impact to be fully felt this year
THE full impact of aggressive policy tightening is expected to be felt this year and monetary authorities remain ready to adjust interest rates to ensure price stability, the Bangko Sentral ng Pilipinas (BSP) said.
Recto, Go sworn in; Diokno goes to MB
MANILA, Philippines — Newly appointed Finance Secretary Ralph Recto took his oath yesterday, amid an avalanche of praise from various quarters and peers, with President Marcos voicing confidence in his new official’s capability to ensure fiscal sustainability while keeping inflation down.
Marcos wants Philippines out of FATF gray list
MANILA, Philippines — The country should exit from the gray list of global anti-dirty money watchdog Financial Action Task Force (FATF) by October this year, President Marcos said yesterday, as he ordered the Anti-Money Laundering Council (AMLC) and concerned agencies to put measures in place to make this happen.
Central bank pushes use of e-gifts for holidays
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is pushing for the use of electronic aguinaldo or e-gifts even as it gave assurance of a steady supply of fresh or crisp banknotes during the Christmas season.