Tag: Interest Rate

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Fed chair Powell hints at September rate cut 

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Federal Reserve Chair Jerome Powell signaled Friday that the U.S. central bank may cut interest rates at its next policy meeting in September, citing growing risks to the labor market and ongoing inflation pressures.

Wall Street slips ahead of Fed Chair Powell speech

Markets Context.ph Context.ph -
Major U.S. markets closed lower Thursday as investors awaited Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium—an elite annual gathering of global central bankers that often sets the tone for global interest rate direction.

Treasury bill rates slipped amid easing hopes

Banking & Insurance Context.ph Context.ph -
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP). 

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Alex Eala’s Nike message becomes unstoppable dream manifesto

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The phrase first appeared almost quietly, embroidered on the back of Alex Eala's visor during her breakthrough run at Wimbledon. They have followed her ever since, becoming as much a part of her game as the shadow swings she takes between points.

First Gen holds second Youth Climate and Energy Summit in Nueva Ecija

Energy & Mining 0
Clean energy firm First Gen Corporation has organized another leadership summit to help young students gain the knowledge and skills needed to tackle climate and energy challenges in their schools and hometowns.

World Bank approves P15.6B Philippine water security project

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The World Bank Group has approved a USD268.6-million, or about P15.6-billion, water and sanitation project for the Philippines that is expected to create up to 46,500 jobs over the next 25 years while improving climate resilience in three island provinces.

DHSUD eyes stronger housing rollout after 575,000 homes

Property 0
The Department of Human Settlements and Urban Development (DHSUD) said it will accelerate the government's housing program after delivering or facilitating 575,693 housing units in its first four years, putting the agency halfway toward its recalibrated target under the Marcos administration.

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