Bangko Sentral ng Pilipinas holds press briefing | ABS-CBN News
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Bangko Sentral ng Pilipinas
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Philippines Vows ‘Measured’ Rate Cuts as Price Risks Linger
3 days ago · “The within-target inflation outlook and well-anchored inflation expectations continue to support the BSP’s shift toward less restrictive monetary policy,” Bangko Sentral ng Pilipinas said in a statement Tuesday after the statistics agency reported that price gains averaged 3.2% in 2024. That’s well within the government’s 2% to 4% goal.
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.
BSP cuts policy rates by 25 basis points | GMA News Online
Aug 15, 2024 · The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday decided to reduce policy rates by 25 basis points, the first cut in nearly four years and the first adjustment since the off-cycle hike in October 2023.
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...
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 signals ‘substantial cut’ in bank reserve requirements
Sep 19, 2024 · The Bangko Sentral ng Pilipinas will significantly lower banks’ reserve requirements before the end of the year and further cuts in 2025, which will infuse additional liquidity into the ...
BSP revises projected 2024 BOP surplus to $3.5b
6 days ago · The Bangko Sentral ng Pilipinas (BSP) said Friday it raised the projected 2024 balance of payments (BOP) surplus to $3.5 billion from an earlier estimate of $2.3 billion. The BSP’s policy-setting Monetary Board released its 2024-2025 BOP outlook showing a slightly lower figure than the actual 2023 surplus of $3.7 billion in 2023.
Bangko Sentral ng Pilipinas holds press briefing | Bangko Sentral ng ...
Bangko Sentral ng Pilipinas holds press briefing So what could account for the decline in the outlook for 20 twenty-four? Um we have seen for example the last two inflation prints for August and September reflect slow down in a rise inflation and other key commodities including for vegetables and some cereals.