February inflation seen settling within 2.4-3.2%

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 28 Feb 2020 17:05:22 +0000

THE country’s inflation likely eased to as low as 2.4 percent or accelerated to as high as 3.2 percent this month, the Bangko Sentral ng Pilipinas (BSP) said on Friday. The range projected by the central bank’s Department of Economic Research compares with January’s 2.9 percent, but lower than the 3.8 percent posted in February […]

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Diokno: 50 bps rate cut, slow RRR reduction next year

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 18 Dec 2019 15:00:40 +0000

The central bank is likely to cut interest rates by at least 50 basis points next year, but will take it slow in terms of reducing banks’ reserve requirement ratio (RRR), Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said. “For policy cuts, at least 50 basis points (bps). We’re observing what the other central […]

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Palace confident ‘competent’ Diokno will get CA nod

Credit to Author: kadraneda| Date: Tue, 05 Mar 2019 11:33:40 +0000

Palace confident 'competent' Diokno will get CA nod

Malacañang is confident that newly installed BSP Governor Benajamin Diokno will get the approval of the powerful Commission on Appointments.

The post Palace confident ‘competent’ Diokno will get CA nod appeared first on Inquirer News.

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