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Thursday, March 22, 2018
A motorcycle passes a building of the Bangko Sentral ng Pilipinas in Manila. (REUTERS/Romeo Ranoco/File Photo / MANILA BULLETIN)

BSP cuts reserve ratio by 1 percentage point

By Reuters The Bangko Sentral ng Pilipinas said on Thursday it was reducing banks’ reserve requirement ratio by 1 percentage point, saying it will support its shift…

Marvin Goodfriend, nominee to join the Federal Reserve Board of Governors, speaks during a Senate Banking Committee hearing on Capitol Hill in Washington, U.S. January 23, 2018. (REUTERS/Aaron P. Bernstein / MANILA BULLETIN)

Trump Fed nominee narrowly survives committee vote

By Agence France-Presse An economist tapped by President Donald Trump to join the Federal Reserve's Board of Governors narrowly survived a procedural vote on Thursday,…

Bangko Sentral ng Pilipinas (BSP.GOV.PH / MANILA BULLETIN)

BSP forecasts 4% peak for January CPI

By Lee Chipongian  With tax reform and volatile global crude oil prices, the central bank forecasts inflation rate could reach a peak of four percent…

FILE PHOTO: A coin representing the bitcoin cryptocurrency is seen on computer circuit boards in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/File Photo/MANILA BULLETIN

Cryptocurrency rivals snap at Bitcoin’s heels

By Agence France-Presse Bitcoin may be the most famous cryptocurrency but, despite a dizzying rise, it's not the most lucrative one and far from alone in…