Bangko Sentral ng Pilipinass
25-Basis Point Central Bank Interest Rate Cuts in the Philippines and Norway
June 19, 2025
The Central Bank of the Philippines’ policy interest rate was cut today by 25 basis points to 5.25%, a 30-month low. This move was the fifth quarter percentage point drop since last August. Consumer price inflation of 1.3% last month was at a 56-month low and under the central bank’s target of 2-4%. Projected consumer […] More
A Parade of Central Bank Announcements and PMI Releases, Plus Another Strong U.S. Labor Market Indicator
December 16, 2021
The rally late yesterday in U.S. equities carried over into Thursday trading. Share prices rose 2.1% in Japan, 0.8% in China, 0.7% in Taiwan and 0.6% in South Korea. The British, German and French stock markets show gains so far of more than 1.0% today, and the DJIA has gone up by a further 0.6%. […] More
Yet Another Higher-than-Assumed U.S. Inflation Number and Other Disappointing Data
August 12, 2021
The dollar has edged up 0.1% against the euro, loonie, Swissie, yuan and its weighted DXY index. The dollar climbed 0.5% relative to the Australian and New Zealand dollars but is unchanged so far today versus the Japanese yen. Asian equity markets mostly lost modest ground Thursday, and U.S. share prices are a bit lower […] More
