The inflation rate, reflecting the increase in consumer prices, is expected to slow down in the coming months, aligning with forecasts from the government and the Bangko Sentral ng Pilipinas (BSP). In a commentary, Dutch bank ING said that headline inflation will retreat to the target of two...
Expectations that rice tariff cuts will ease inflation would allow the Bangko Sentral ng Pilipinas (BSP) to lower interest rates as planned, even as the weak peso may be a deterrent to do it sooner, according to economists. "Given the dovish language from the central bank, we are sticking with our...
The camp of presidential aspirant Ferdinand “Bongbong” Marcos Jr. on Monday refuted a UK-based think tank report stating that Marcos Jr. would be bad for the economy if he wins the presidency. Lawyer Vic Rodriguez, Marcos Jr.’s spokesman, said in a statement it is “unfortunate” for...