Economy

Metrobank now sees fewer Fed rate cuts and a stronger peso than previously thought

Sluggish growth, stable inflation, and a pause in the US Fed’s easing were January’s highlights

With inflation lightly revving up within the central bank target, we can expect further rate cuts to follow

While a slight uptick in inflation is seen in January, the rate is likely to remain below the central bank’s target

The Philippine economy grew by 3% year-on-year in the fourth quarter 

The Fed kept its policy rate steady amid a shift in growth sentiment and elevated inflation.

The Philippines’ trade deficit continued to narrow year-on-year in December, as exports continued to outpace faster import growth.

Metrobank forecasts faster economic growth in the fourth quarter, but challenges remain. Read more to know why.

The Fed may keep policy rate settings steady at its January meeting, brushing off political pressure.