Noticias de dinero

Metrobank: Inflation to top target in 2024

INFLATION will likely average lower this year but remain higher than targeted, Metrobank Research said. It forecast a full-year result of 4.3 percent, down from 2023's 6.0 percent but slightly over the government's 2.0- to 4.0-percent target. Inflation, which surged to a 14-year high of 8.7 percent in January last year, finally returned to target

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Inflation fallout to limit PH growth

THE continuing effects of high inflation will weigh on the Philippine economy this year, S&P Global Ratings said, with growth likely to again miss target. “[O]ur outlook is for the Philippines to do relatively well compared to the region, but kind of a little bit under where growth has been in the recent few years,”

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ANZ Research raises 2024 PH inflation forecast to 3.8%

THE research unit of Australia and New Zealand Banking Group Ltd. (ANZ) has raised its inflation forecast for the Philippines, saying the rate could again top 4.0 percent in the second quarter but still average within target for 2024. “The Philippines is the only economy where inflation risks overshooting the upper end of the official

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Measuring Fed Inflation Credibility | Econbrowser

What do households (not economists) think inflation will be in three years? I use the deviation of forecast from target as a proxy measure for credibility regarding inflation. Figure 1: Median 3 year CPI inflation forecast (black), 25th, 75th percentile (gray), in %. CPI inflation consistent with 2% PCE inflation target (red dashed line). NBER

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Balisacan: Inflation unlikely to ‘go higher’

INFLATION will likely not increase this month, Socioeconomic Planning Secretary Arsenio Balisacan said on Thursday, disputing a forecast made a day earlier by Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. “I don’t think that it will go higher than what we had last month, especially that this push for legislated wages appears not

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Inflation seen rising in March

INFLATION will likely rise further this month but stay within target, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Wednesday. “It will be close to 4.0 percent. I think 3.9 percent, but we'll see,” Remolona told reporters. Consumer price growth snapped a four-month downtrend in February, rising to 3.4 percent from 2.8

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Inflation Remains Elevated. Is Money Actually Tight?

The seal of the Federal Reserve tops the atrium of the Eccles Building, where the FMOC will meet next week. There’s been another bump in the disinflationary road. The Bureau of Labor Statistics announced the Consumer Price Index (CPI) increased 0.4 percent in February and 3.2 percent year-over-year, exceeding many economists’ predictions. That’s up slightly

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Inflation in February | Econbrowser

Core CPI surprises (0.4% vs. 0.3% m/m) on the upside, while headline at consensus.   Figure 1: CPI headline instantaneous inflation (a=4,T=12) (black), core (sky blue), supercore month-on-month (green), mean month-on-month (red). Instantaneous inflation per Eeckhout (2023). Source: BLS, Dallas Fed via FRED, BLS, and author’s calculations. Recall the CPI inflation is on average (pre-pandemic)

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