Consumer price growth likely slowed for another month in June, driven by declining global oil and food costs alongside a recovering currency, according to private-sector economists. A median forecast from regional banks and analysts projects headline inflation to have moderated to between 6.5...
The Bangko Sentral ng Pilipinas (BSP) is poised to extend its tightening cycle as foreign lenders believe that the central bank will prioritize anchoring inflation expectations over mounting risks to economic growth. Following the Monetary Board’s decision last week to raise the benchmark...
Australia and New Zealand Banking Group (ANZ) said the Philippine peso has been among the worst-performing Asian currencies following the direct attack of the United States (US) on Iranian nuclear facilities over the weekend. Alongside the peso, South Korean Won (KRW) and Thai Baht (THB) have also...