Tag: Inflation
TREASURIES-US yields plummet as Fed’s Powell opens door to September rate cut
NEW YORK — US Treasury yields sank on Friday after Federal Reserve Chair Jerome Powell alluded to a possible interest rate cut at the...
Bank of England’s Bailey says UK has ‘acute challenge’ over weak growth
JACKSON HOLE, Wyoming — Britain faces an “acute challenge” over its weak underlying economic growth and reduced labour force participation since the COVID-19 pandemic,...
BSP to cut rates by 25 bps on Aug 28 – analysts
The Bangko Sentral ng Pilipinas (BSP) is expected to reduce its key overnight rate by 25 basis points (bps) this week, bringing the policy...
PH keeps ‘A-‘ credit rating with stable outlook — Japan’s R&I
The Philippines kept its investment grade credit rating at "A-" with a stable outlook as the economy has sustained its firm growth trajectory, Japan-based debt...
OCTA: High prices, affordable food, poverty top public concern
THE rising prices of commodities, access to affordable food, low wages and generating jobs remain the top urgent national concerns of Filipinos, the July...
