PHCBIR=ECI
PHCBIR=ECI- Latest Trade
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As of May 24 2022. Values delayed up to 15 minutes
The Philippine central bank will kick off its tightening cycle on Thursday, much earlier than previously thought, joining peers around the world in a race to tighten monetary policy to tackle rising inflation, a Reuters poll found.
Markets Performance
Official Data PartnerCommodities
| Future | Last | % Change |
|---|---|---|
| Gold | 1,864.60 | 0.91%Positive |
| Copper | 781.75 | 0.06%Negative |
| Brent Crude Oil | 113.79 | 0.33%Positive |
| CBOT Soybeans | 1,692.00 | 0.30%Positive |
Stocks
| Index | Last | % Change |
|---|---|---|
| S&P 500 | 3,927.92 | 1.15%Negative |
| Euro STOXX 50 | 3,647.56 | 1.64%Negative |
| FTSE 100 | 7,484.35 | 0.39%Negative |
| Nikkei 225 | 26,748.14 | 0.94%Negative |
Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes
Latest News
- WorldPhilippine c.bank stands pat on rates, flags recovery risks
The Philippine central bank left key interest rates unchanged for a 10th consecutive policy meeting on Thursday, reaffirming continued support for the economy as officials warned of risks that could derail the global recovery.
- MarketsPhilippine c.bank stands pat as Omicron threats loom
The Philippine central bank kept its policy rate at a record low on Thursday, maintaining support for the economy while uncertainty looms around the new Omicron variant but adding that the inflation environment remains "manageable".
- MarketsPhilippine c.bank seen staying put on rates, waiting for solid recovery
The Philippine central bank is likely to wait until the end of next year before raising interest rates to support an economy still recovering from the ravages of pandemic-induced lockdowns, a Reuters poll of economists showed.