Philippines: No Dovish Pivot in the Monetary Board's Latest Meeting
The anticipated cut in the bank reserve ratio didn’t materialize in the latest Monetary Board (MB) meeting--the first one chaired by newly...
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Philippines: El Niño's Comeback - How Bad?
With SST (sea surface temperature) in the Pacific past 26oC, El Niño’s comeback is highly likely. Past occurrences of severe El Niño was isolated...
638 Views
When Job 'Quality' Prevailed over 'Headcount'
A 387k decline in employment didn’t weigh on the jobless rate of 5.2% according to the latest labor survey data. As the labor participation rate...
356 Views
Philippines: Institutional Reforms that Promote Macro Stability
Legislation on rice tariffication signed by President Duterte into law allows for liberal rice imports, thus, effectively dismantling the State...
573 Views
Philippine CPI: Normalization Begins in January with Another Inflation Fade Out
Headline inflation in January eased to 4.4%YoY (vs 5.1%YoY in December) although its annualized rate was back in positive territory (1.2%). Easing...
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