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BSP interest rate cut

Latest Daily Tribune news and analysis on BSP interest rate cut.

  1. TRADING at the local bourse concluded in positive territory with investors remaining optimistic that the BSP could implement another policy rate cut following the country’s recent GDP and inflation data releases. Philippine peso appreciation against the US dollar also helped boost the market.

    Peso continues upswing, bolsters bourse

    Banking stocks led gainers, Ayala Corp. topped performers among index constituents, while the peso continued its upward climb, strengthening further to P58.58…

  2. Bangko Sentral ng Pilipinas officials, headed by its governor, Eli Remolona (center), preside over the Monetary Board meeting on Thursday in Pasay City.

    BSP sets 5% local policy rate

    ‘Going forward, the BSP will safeguard price stability by ensuring monetary policy settings are conducive to sustainable economic growth and employment.’

  3. HSBC: June inflation likely at 1.5%

    HSBC: June inflation likely at 1.5%

    Aside from food, Dacanay said fuel prices briefly increased by 3 percent after Iran and Israel exchanged missile attacks in the second to third weeks of the…

  4. Stock barometer seentesting 6,500

    Stock barometer seentesting 6,500

    Companies could sustain profit growth as consumers gain extra funds amid declining prices of food, utility and transport.