Tag: Interest Rate

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Fed chair Powell hints at September rate cut 

Top News Context.ph Context.ph -
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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Eala out of Asian Games tennis finals; keeps bronze

Sports & Entertainment 0
Alex Eala’s Asian Games gold-medal dream began Thursday like a script written for a Filipino tennis fairy tale. It ended instead with a familiar piece of hardware.

Gov’t bolsters action plan to safeguard sugar sector, protect supply and livelihoods

Agriculture 0
The government, led by the Department of Agriculture (DA) and Sugar Regulatory Administration (SRA), is stepping up coordinated efforts to tackle challenges facing the sugar industry, from destructive pests to rising costs and market competition. Under the direction of President Ferdinand Marcos Jr., the agencies are rolling out immediate support and policy reforms to secure production, sustain thousands of jobs, and keep fair prices and steady supplies for Filipino consumers.

Disinflation streak ends as September inflation seen to surge to 6.9%

Banking & Insurance 0
The country’s four-month streak of slowing price increases is poised to come to a sharp halt, with headline inflation projected to accelerate to 6.9 percent year-on-year in September, up from 6.1 percent in August.

Pag-IBIG, Megawide mark first expanded 4PH milestone

Property 0
Pag-IBIG Fund and Megawide Construction Corp. have reached a key construction milestone for the Expanded Pambansang Pabahay para sa Pilipino Program (4PH), with two buildings at JAB Residences in Dasmariñas City, Cavite completing their main structural works.

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