
PSEi Falls on Inflation, Growth Worries; Peso Strengthens
The Philippine Stock Exchange Index (PSEi) declined due to concerns over inflation and economic growth. Concurrently, the Philippine peso strengthened against the US dollar, indicating domestic economic uncertainties.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Philippines Braces for Potential Interest Rate Hike Amid Inflation Concerns
The Bangko Sentral ng Pilipinas (BSP) may raise its policy rate to 5.25% by year-end due to rising inflation pressures from high oil prices and a weakening peso, potentially impacting borrowing costs for households and businesses.
- Philippine Poultry Growers Skeptical of 2027 Growth Amid High Fuel Costs, Inflation
The United Broiler Raisers Association (UBRA) in the Philippines expresses skepticism about the poultry industry's growth prospects for 2027, citing ongoing fuel crises, a weak peso, and inflationary pressures. They question the optimistic projections from the US Department of Agriculture (USDA) regarding demand.
- BSP Tipped for Final 25-Basis-Point Rate Hike to Counter Fed's Hawkish Stance
Economists at Australia and New Zealand Banking Group (ANZ) predict the Bangko Sentral ng Pilipinas (BSP) may implement one final 25-basis-point rate hike to conclude its tightening cycle. This move aims to counter volatility from a hawkish US Federal Reserve, support inflation control, and stabilize the peso.