कोशिश गोल्ड - मुक्त
BSP to rely on Fed for rate direction, says finance chief
The Philippine Star
|November 08, 2024
AFTER TRUMP WIN
The Philippines will likely monitor how the US Federal Reserve adjusts its policy, especially as Donald Trump returns to the White House.
In a forum yesterday, Finance Secretary and Monetary Board member Ralph Recto said the government has created a more conducive environment for growth and investments after the Bangko Sentral ng Pilipinas (BSP) reduced key interest rates.
In August, the BSP moved ahead of the Fed and finally eased rates by 25 basis points. It delivered another rate cut of 25 basis points last month as inflation pressures receded.
Recto maintained that more rate cuts are expected in the coming months. But he said such a move will have to be reviewed given recent developments.
यह कहानी The Philippine Star के November 08, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The Philippine Star से और कहानियाँ
The Philippine Star
JETOUR achieves 2 million sales in 7 years, opening a new chapter in global electric hybrid off-road vehicles
On October 30, 2025, JETOUR Auto marked a major milestone in its brand journey — surpassing two million cumulative sales since its debut in 2018.
2 mins
January 09, 2026
The Philippine Star
Zaldy's luxury vehicles seized
Eight luxury vehicles allegedly owned by former Ako Bicol party-list congressman Zaldy Co were seized by the police and the Bureau of Customs at Bonifacio Global City in Taguig on Thursday night.
2 mins
January 09, 2026
The Philippine Star
BBM orders PhilHealth to waive interest on unpaid contributions
The Marcos administration will implement a general amnesty of penalties for unpaid contributions of employers, business owners and self-employed members to the Philippine Health Insurance Corp. (PhilHealth).
1 min
January 09, 2026
The Philippine Star
Unprogrammed funds challenged before SC
The constitutionality of unprogrammed appropriations in the 2026 national budget faces a challenge before the Supreme Court (SC) for allegedly being repugnant to the Charter and violating constitutional principles on public finance, budget accountability and Congress' power of the purse.
4 mins
January 09, 2026
The Philippine Star
KATYA FRICKE LICHAUCO: DESIGNING ONE THOUGHTFUL PIECE AT A TIME
For Katya Fricke Li-chauco, fashion has always been quietly stitched into her life.
2 mins
January 09, 2026
The Philippine Star
Marcos off to UAE on Jan. 12
President Marcos will embark on a one-day working visit to the United Arab Emirates next week, Malacañang said yesterday.
1 mins
January 09, 2026
The Philippine Star
Rains, cloudy weather to greet devotees in traslacion
Cloudy skies with scattered rains are expected over parts of the country today as millions of devotees take part in the annual traslacion of the Black Nazarene, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).
2 mins
January 09, 2026
The Philippine Star
Remolona shrugs off peso slide
The Bangko Sentral ng Pilipinas is not inclined to mount a forceful defense of the peso despite renewed market pressure and talk of the exchange rate testing the 60-to-the-dollar level, according to BSP Governor Eli Remolona Jr.
2 mins
January 09, 2026
The Philippine Star
Go joins BSP Monetary Board
Finance Secretary Frederick Go has formally joined the Bangko Sentral ng Pilipinas' Monetary Board after President Marcos designated him as the Cabinet representative to the BSP's policy-making body.
1 min
January 09, 2026
The Philippine Star
Trust in action: The SEC’s firm and future-focused agenda for 2026
In the first part of this series, we examined the SEC’s aggressive push to lower the cost of doing business and streamline the “One SEC” digital registration system. But as any investor knows, efficiency means little without trust.
4 mins
January 09, 2026
Listen
Translate
Change font size