Central banks in emerging Asian economies like the Philippines are expected to further lower interest rates despite expectations of slower monetary easing if the protectionist former US president Donald J. Trump returns to the White House, according to two economic think tanks. In an Oct. 21...
Economic think tanks look forward to more interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) following its second-straight 25-basis point (bp) reduction in the policy rate on Wednesday, Oct. 16. Capital Economics assistant economist Harry Chambers noted in a report that after the BSP again...
The Bangko Sentral ng Pilipinas' (BSP) monetary policy easing cycle is expected to extend until the first half of 2025, to slash the key interest rate to 4.75 percent, according to the think tank Capital Economics. "The central bank [BSP] cut interest rates at its August meeting. With growth set to...
More and more businesses across the globe are worried about a possible second coming of Republican candidate Donald J. Trump as president of the United States, according to Oxford Economics. "Fears over the potential fall-out from a Trump presidency have increased for the third consecutive survey,"...
Downward inflation augurs well for the Bangko Sentral ng Pilipinas' (BSP) monetary policy easing ahead of the US Federal Reserve, according to the think tank Capital Economics. In a Sept. 13 report, Capital Economics senior Asia economist Gareth Leather and assistant economist Harry Chambers noted...
As inflation falls, the Bangko Sentral ng Pilipinas (BSP) will further lower key interest rates at its next monetary policy stance meeting in October, according to the think tank Capital Economics. "The past week has brought more encouraging news on inflation, with August data showing that...
Lower interest rates as the Bangko Sentral ng Pilipinas (BSP) eases monetary policy would aid consumers battered by slowing economic growth across Asia-Pacific, according to the think tank Oxford Economics. The BSP's rate cuts "will help household balance sheets, especially as debt levels rose over...
Think tank Capital Economics has warned that the stalling Philippine economic growth would persist this year, even as easing inflation and expectations of more interest rate cuts by the central bank will improve prospects next year. While the country’s gross domestic product (GDP) grew 6.3...
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...
Amid elevated consumer prices and slowing economic expansion, many Filipinos are holding back from spending their hard-earned money, resulting in the lowest private consumption growth rate since 2010 during a non-pandemic period, according to the think tank Oxford Economics. "The main culprit is...
UK-based think tank Oxford Economics has identified nine cities in the Philippines among the largest urban economies in the world. In the Oxford Economics Global Cities Index , which ranks the 1,000 largest cities worldwide, Manila is the biggest city in the Philippines but is not considered a...
