BSP hints resumption of rate hikes

THE Bangko Sentral ng Pilipinas (BSP) on Wednesday hinted it may resume its tightening cycle, possibly using both the policy rate and reserve requirement if liquidity continued to increase and threaten the inflation outlook. BSP Deputy Gov. Diwa Guinigundo said the two successive hikes in key rates have resulted in a weak pass-through of around … Continue reading BSP hints resumption of rate hikes →

Barclays expects another hike in BSP policy rates

By Lailany P. Gomez, Reporter Barclays Capital said the Bangko Sentral ng Pilipinas (BSP) may continue with its tightening stance in the next meeting amid the uptrend in core prices and lingering pressures on inflation expectation. Prakriti Sofat, Barclays economist, said in a commentary that given the acceleration in core inflation, the BSP will raise … Continue reading Barclays expects another hike in BSP policy rates →