Philippine Central Bank Hikes Rates Amid Inflation Risks
Bangko Sentral ng Pilipinas raised its benchmark rate to 4.75% in an attempt to tame inflation fueled by the conflict in the Middle East.
Institutional-grade analytics, real-time data, and AI research tools — built for investors who think in decades, not days.
May retail sales came in stronger than expected, undercutting the easy recession script. For markets, that matters less as a feel-good macro headline than as a direct input into earnings durability and the Fed’s patience.
Read more →
Bangko Sentral ng Pilipinas raised its benchmark rate to 4.75% in an attempt to tame inflation fueled by the conflict in the Middle East.
Former Council of Economic Advisors acting chair Tomas Philipson discusses the price of crude oil and the Middle East conflict on 'The Bottom Line.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #thebottomline #tomasphilipson #philipson #economy #economic #oil #crudeoil #middleeast #conflict #prices #energy #markets #business #finance #inflation Don't just watch Fox News—be part of it.
The central bank now expects GDP to fall by 2.7% this year due to a large drop in U.S. exports, having forecast in March that it would grow by 1.3%.
Wall Street groups are warning US regulators that their plans to implement "Basel Endgame" global bank capital requirements will affect liquidity in Treasury markets, urging them to rework proposals to manage risk, the Financial Times reported on Thursday.
Foreign borrowers flocked to panda bonds as China's rates stayed well below dollar funding costs. Beijing's easing of capital restrictions boosted the appeal of yuan-denominated debt.
Oil prices fell as the U.S.-Iran deal eased supply fears and hit the war premium, while WTI and Brent tested key support zones after the sharp selloff.
India's largest stock exchange, the National Stock Exchange, has filed papers for an initial public offering. The IPO will be entirely an offer for sale, with many large domestic and foreign investors paring their stake.
Executives are reluctant to slash jobs, with rainmakers often starting out as junior bankers performing rote tasks.
Trump also reportedly said that he could resume attack on Iran if it failed to honor commitments. International Energy Agency expects a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
In his debut as chairman, Kevin Warsh stripped away the central bank's policy hints and committed to bringing inflation down—but wouldn't say what that will take
The bosses of the world's leading AI companies have a clear ask for the leaders of the G7: you have to come up with a way to govern artificial intelligence.
Every month, we screen for dividend growth stocks, highlighting value and income opportunities with high safety, growth, and consistency quant grades. There are several blue-chip names that have populated near the top of the list as potential turnaround plays. We also have a small retail-focused REIT being brought up this month that could be an interesting potential acquisition target for larger players.
Asian currencies consolidated against the dollar in early trade but may be weighed by expectations of Fed rate increases that enhance the appeal of U.S. dollar-denominated fixed-income assets.
This Wednesday brings us the first FOMC meeting with Kevin Warsh at the helm. It is likely markets will be braced for the outcome and statement.
The Fed's decision to hold interest rates in its June meeting was unanimous, though half of the FOMC members penciled in a rate hike before the end of 2026. Thomas Urano adds that new Fed Chair Kevin Warsh not being keen on forward guidance, along with refusal to drop his own dot on the projection plot, tells investors not to be overly reliant on future dot plots.
Federal Reserve Chairman Kevin Warsh spoke to markets in June, signaling the committee's outlook for interest rates, inflation and economic growth. CNBC's Jeff Cox reports.
Iran could earn more than $60 billion in annual sales, potentially helping to restore the regime's economic lifeblood.
All three indexes fell on fears the Fed will hike interest rates later this year.
The U.S. government's official 2% annual inflation target has suddenly been thrown into doubt by Kevin Warsh and J.D. Vance.
Sovereign wealth funds deployed about $66 billion into artificial intelligence and digital infrastructure during 2025, on figures from Global SWF's annual report reported by Gulf News, which appeared in January 2026, in a year when their combined assets reached a record $15 trillion. Gulf funds led by a wide margin.