US EditionPeso May Extend Rise with BSP Likely to Cut - BusinessWorld Online
Federal Reserve Chair Jerome Powell indicated a likely rate cut to address rising employment risks amid inflation pressures, with markets pricing in a September reduction and a second by year-end.
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9 Articles
Peso may extend rise with BSP likely to cut - BusinessWorld Online
THE PESO could strengthen further against the dollar before the Bangko Sentral ng Pilipinas’ (BSP) policy meeting on Thursday, where it is expected to deliver a third straight rate cut. On Friday, the local unit closed at P56.95 per dollar, inching up by a centavo from its P56.96 finish on Wednesday, data from the Bankers Association of the Philippines showed. Week on week, the peso climbed by 11.5 centavos from its P57.065 close on Aug. 15. The…
Powell Now Hints at Rate Cut Amid Rising Economic Risks
In a pivotal address at the Federal Reserve’s annual symposium in Jackson Hole, Wyoming, on August 22, 2025, Federal Reserve Chair Jerome Powell indicated that the central bank’s current monetary policy may be overly restrictive, opening the door to an interest rate cut as early as the September meeting. Powell described the labor market as being in a “curious kind of balance,” driven by reduced hiring and a shrinking pool of available workers, …
Powell sends strongest signal yet that interest rate cuts are coming - West Hawaii Today
JACKSON, Wyo. — Jerome Powell, the chair of the Federal Reserve, on Friday used a closely watched speech to send his strongest signal yet that the central bank is preparing to soon restart interest rate cuts, highlighting the labor market’s vulnerabilities even as inflation accelerates.
Powell sends strongest signal yet that interest rate cuts are coming - Hawaii Tribune-Herald
JACKSON, Wyo. — Jerome Powell, the chair of the Federal Reserve, on Friday used a closely watched speech to send his strongest signal yet that the central bank is preparing to soon restart interest rate cuts, highlighting the labor market’s vulnerabilities even as inflation accelerates.
Gold Gains a Little; Dollar Drools Spittle; Powell Non-Committal
Gold Gains a Little; Dollar Drools Spittle; Powell Non-Committal In Federal Reserve Chairman Powell’s address Friday from ever-stunningly magnificent Jackson Hole, how many times did he say either the word “reduce” or “cut”? “Not once!” Mark Mead Baillie Sun, 08/24/2025
The most important question in the markets was whether Powell would signal a rate cut or repeat what he has been saying for a long time.
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