Fed hike narrows gap with BSP policy rate
US Federal Reserve Chair Kevin Warsh justified the interest rate hike — the first since 2023 — saying inflation is too high and had persisted for too long,…
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US Federal Reserve Chair Kevin Warsh justified the interest rate hike — the first since 2023 — saying inflation is too high and had persisted for too long,…
The US Federal Reserve raised its benchmark interest rate by 25 basis points on Wednesday (Thursday Philippine time), its first rate increase since 2023, as…
The peso fell 17.5 centavos, or 0.28 percent, to a fresh record low of P62.86 per US dollar Monday, while the Philippine Stock Exchange index (PSEi) rose 13.26…
The Marcos administration’s P20-per-kilo rice program has reached 12 million beneficiaries nationwide, with the Department of Agriculture expanding…
reached 12 million beneficiaries, with plans to expand to 1,500 outlets by the end of the year, according to the Department of Agriculture.
BSP Governor Eli Remolona disagreed with US Federal Reserve Chair Kevin Warsh’s stance on forward guidance, arguing that signaling future policy remains…
Kevin Warsh was sworn in as the new US Federal Reserve chair at the White House, pledging reform and independence amid President Donald Trump’s push for lower…
The US dollar climbs to its highest level since April as geopolitical tensions with Iran rise and markets boost expectations of a December Fed rate hike, while…
The US being the world’s largest economy, decisions by the Federal Reserve have significant spillover effects on other central banks. While the Fed and the…
The US Federal Reserve kept interest rates steady at 3.50%-3.75%, intensifying pressure on the Philippines as the BSP hikes borrowing costs to fight surging…
Fed officials are set to keep rates steady in a range of 3.50 percent to 3.75 percent, extending their pause since the start of the year.
Residents in Muntinlupa are voicing growing anger over intermittent water supply and prolonged outages blamed on raw water quality from Laguna Lake, with Mayor…
The prosecution delved into a conspiracy, which it termed the Common Plan, which was supposedly the systematic state-sanctioned killing of thousands in…
“The fatal shooting of US citizen Alex Pretti by federal immigration agents in Minneapolis sparks protests, questions about federal accountability, and…
Senator Bong Go’s office distributed warm meals to patients, caregivers, and medical staff in public hospitals nationwide from 12 to 16 January, continuing its…
The Philippine government aims to cushion peso depreciation and support economic growth amid flood control probes, while the BSP monitors inflation risks and…
While the standoff is unfolding in Washington, its implications resonate beyond the United States. For emerging markets such as the Philippines, where monetary…