I think IMF should have used a more appropriate title like “The Great Covid Overshoot & Reversion to Pre-GFC (pre-2008) mean” …Great article as always by Boss Diwa😊 bworldonline.com/opinion/2024/1…

Innovative businessmen who have great business ideas & can sense opportunities to lead the mkt may not have to wait for rates to fall before they invest. Entrepreneurs can avail of floating rate loans & swap facilities to get projects going without delay. mb.com.ph/2024/10/18/bor…

Will BSP's rate cuts really boost HH consumption (HFCE) growth to > 5.0%? If RRP is cut from a #relevantrange of 12% to 7%, maybe? But from 6.5% to 5% we doubt HFCE is elastic to RRP. We think a real boost to HFCE is if rice prices return to 2022 levels businessmirror.com.ph/2024/10/23/che…

US Fed Funds futures now (Oct28) sees 3.75% FFR by end 2025 from a low of 3.0% implied rate in mid-Sept (see chart). Wont be surprised if it climbs to 4% soon. Hard to imagine RRP rate falling to 4.5% if US stops cutting at 3.75% or higher. #RealityNotTheory #NormalForLonger

I bet the policy rate hikes in 2022 & 2023 will still be blamed on this current condo slump. Few will remember that the very low interest rates from 2017 to 2019 misled even conservative property companies to join the POGO bandwagon. #scapegoat #wrongtree manilatimes.net/2024/11/02/bus…

Red wave + all-time high DJIA + ~4.0% unemp & AHE + more FOMC rate cuts likely means #normalforlonger 😊

From bright to dim; from dim to dimmer? #NormalForLonger youtu.be/UJxciQWG6vg?si…

We still can't rule out a skip, considering the "red wave" surprise & a breach of crucial technical support on PHPUSD & its potential knock on effect on headline inflation. #normalforlonger philstar.com/business/2024/…

#PHGDP 4Q2024 PHL real GDP grew 5.2% YoY still on agri fall. Elevated rice prices likely main culprit for disappointing FY2024 growth at 5.6% as HFCE reverts to sub-5% print again. This could lead BSP-MB to cut on their 13 Feb meeting if USD doesn’t soar. Still, weaker PHP likely

True that "the real policy rate remains historically tight"? Checking monthly data from 1986 to Jan 2025 shows that the latest real policy rate (Jan 2025) is 177th tightest out of the 469 months covered. Record low RRR also suggests less tightness. business.inquirer.net/506834/prolong…

If we vote for the wrong folks this May and in 2028 Offshore Gaming parties could be invited again, PH re-inclusion in 'gray list' won't be improbable.

If you’re planning to head to any beach resort in Zambales today (March 15) be prepared for a longer trip as the town of Castillejos (town after Subic) has closed the national highway for some local event.

Cebu Pacific isn't waiting for lower interest rates to seize opportunities, strategically securing future fleet capacity now. Cebu Pacific Air #BusinessStrategy #FleetModernization plus.inquirer.net/business/biz-b…

PH 1Q2025 real GDP growth of +5.4% disappointed. Excess capacity in construction due to pivots away from POGO & onsite work remain biggest drags. Surge in services imports also pared growth on NX side. Bright side is HFCE growth ramped up to 5.3%, likely to benefit further in 2Q

Correct. Lower rates won’t necessarily lower your amortizations. Lower rates tend to push property prices higher, making them less affordable for a greater portion of the population. So please #becarefulwhatyouwishfor. Its a popular misconception that many need to unlearn.