inflation

A resident walks on a dried-up fish pond in Candaba town, Pampanga

Economy, News

Gov’t intensifies actions to protect Filipinos’ purchasing power from the effects of El Niño

calendar_today April 11, 2024 schedule 4 min read

Finance Secretary Ralph G. Recto has assured the Filipino public that the government is intensifying targeted actions to further protect the purchasing power of Filipinos. Read More...

BSP Governor and Financial Stability Coordination Council Chairman Eli M. Remolona, Jr. (third from left) while leading the launch of the 2023 FSR at the BSP head office in Manila

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. Read More...

Economy, News

BSP wary about additional “financial accidents” amid rate increases made by US Federal Reserve

calendar_today September 13, 2023 schedule 4 min read

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, Jr. recently expressed concern about further "financial accidents" that may be brought on by the strong rate. Read More...

Illustration from Investopedia defining what inflation means

Economy, News

Headline inflation in PH eases further to 5.4 percent in June this year

calendar_today July 6, 2023 schedule 2 min read

This year's headline inflation decelerated further to 5.4 percent year-on-year in June from 6.1 percent in May, settling near the lower end of the Bangko. Read More...