Tag: Federal Reserve

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Federal Reserve hold rates, eyes inflation, jobs paths

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The Federal Open Market Committee (FOMC) on Thursday held the federal funds target range steady at 4.25 percent to 4.5 percent, citing steady economic growth and lingering inflationary pressures.

Trump car tariff hurts stocks, stokes inflation concern

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U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets. After market...

T-bill yields mixed after Fed keeps rates on hold

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Average rates for Treasury bills (T-bills) were mixed at Monday’s auction, as market participants anticipated that the Bangko Sentral ng Pilipinas (BSP) is unlikely to resume monetary policy easing after the US Federal Reserve’s decision to hold rates steady.

US Fed holds rates, awaits impact of policy changes

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The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.
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PH champions open, digital, green trade at APEC

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The Philippines urged Asia-Pacific economies to keep markets open, strengthen supply chains, and accelerate cooperation on digital and green trade as global disruptions continue to affect shipping routes, logistics costs, and trade flows.

Ayala expands Japan partnerships for AI, fintech 

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The Ayala Corp. on Wednesday signed memoranda of understanding (MOUs) with leading Japanese firms Mitsubishi Corp., MUFG Bank, and KDDI Corp. in Tokyo to strengthen cooperation in smart cities, digital finance, marketing technology, and artificial intelligence-driven infrastructure, according to the Presidential Communications Office (PCO).

ECCP names first Filipina president in history

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The European Chamber of Commerce of the Philippines has elected Dr. Diana Edralin as its new president, making history as the first Filipina to lead the business chamber.

Marcos secures $3.4B Japanese investment boost

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President Ferdinand R. Marcos Jr. secured a landmark USD3.4 billion (around P210 billion) in investment pledges from leading Japanese companies during a high-level roundtable Wednesday at Tokyo’s Imperial Hotel, the Presidential Communications Office (PCO) reported.

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