Economic growth
The Bangko Sentral ng Pilipinas (BSP) may reduce its benchmark interest rate twice more in the remainder of this year, BSP Governor Eli Remolona Jr. said on Thursday. The Philippine economy is experiencing a slowdown, but inflation remains low, giving the central bank room to continue easing its monetary policy.
Economic growth
The Bangko Sentral ng Pilipinas (BSP) signaled the possibility of more interest rate cuts this year, citing easing inflation and softer economic growth. BSP Governor Eli Remolona Jr. said there is "room" for more monetary easing, with up to two rate cuts still possible in the second half
Interest rates
The US-Canada trade war continues to cast a shadow over the mortgage market, with a prolonged conflict potentially forcing down interest rates. Negotiations between the two countries had reached a critical point, with a deadline of July 21 to reach a deal. However, US President Donald Trump's decision
Financial markets
President Trump launched a fresh attack on Federal Reserve Chairman Jerome Powell on Sunday, accusing him of artificially inflating interest rates and saying they should be less than half of what they are now. In a series of public comments and demands, Trump has escalated his feud with the Fed,
Financial markets
The Federal Reserve has decided to relax the capital requirements for the largest banks in the country, a move that critics warn will make the financial system less resilient. The decision, which was made by a 5-2 vote, will reduce the capital buffer for the eight biggest banks, which are
Financial markets
Australia's economic growth is showing signs of slowing, with inflation easing to 2.1% year-on-year in May, down from 2.4% in April. This represents the smallest annual increase since October 2024, placing headline inflation squarely within the Reserve Bank of Australia's (RBA) 2-3% target band.
Banks (Finance)
Gujarat's real estate market is gaining momentum, driven by policy changes, affordable home loan rates, and the auspicious timing of festivals like Rath Yatra. The Reserve Bank of India's recent repo rate cut and several leading banks' subsequent reduction in lending rates have made homebuying
Financial markets
Calgro M3 Holdings Limited has made a significant move in the financial markets by securing a listing for its CGR61 Senior Unsecured Floating Rate Notes on the Johannesburg Stock Exchange (JSE) Interest Rate Market. This listing, which went into effect on June 27, 2025, is part of the company'
Financial markets
Brazil's Central Bank is striving to adjust its monetary policy in the face of a credit market in which many borrowers face significantly higher rates than the official benchmark, according to Nilton David, the monetary policy director. Historically high interest rates and structural problems in the credit market
Banks (Finance)
The Consumer Price Index, a broad-based measure of inflation, remained steady at 1.7% in May, mirroring the same rate recorded in April. This suggests that the Bank of Canada may not cut interest rates at its upcoming meeting in July, according to economists. The inflation rate has been a
Banks (Finance)
The Governor of the Bank of England, Andrew Bailey, has expressed concerns over the unpredictable nature of global events, particularly tariffs and conflict in the Middle East, making it challenging to determine the outlook for the UK economy. Bailey emphasized domestic issues as more important than global ones when setting
Banks (Finance)
Despite recent concerns about high inflation, Bank of England officials may choose to maintain their cautious stance on interest rate cuts, according to an external member of the Monetary Policy Committee. Megan Greene, considered one of the most hawkish members, has warned that policymakers are in an "uncomfortable place&
