Economy, News

BSP moves in lockstep with US Fed Reserve, says it is likely to hold on to higher rates for a while

calendar_today February 22, 2024 schedule 3 min read

The Bangko Sentral ng Pilipinas (BSP) has been focusing on financial stability since mid-2009 and one of the ways through which the central bank was able to monitor key developments in the country’s finance sector is through the Financial Stability Report (FSR). The report provides a thematic approach and an in-depth analysis of recent developments […]

FSCC to prioritize strengthening of the corporate bond market in 2024

calendar_today January 15, 2024 schedule 3 min read

Strengthening the corporate bond market is high on the list of priorities of the Financial Stability Coordination Council (FSCC) in 2024. In its last meeting for 2023, the Council noted that the Philippine financial market remains strong despite fresh rounds of global geo-political risks. Assessing various measures, the FSCC believes that current market behavior is […]