Good day. Here are the top stories of The Manila Times for Monday, May 20, 2024.
Today's podcast is brought to you by Wilcon Depot, the Philippines' leading home improvement and construction supplies retailer -- your trusted building partner.READ: Chinese ships swarm Julian Felipe ReefCHINA is poised to take effective control of Julian Felipe Reef, a large boomerang-shaped shallow coral reef that is within the Philippines' exclusive economic zone and its continental shelf.
Global Research economist Aris Dacanay, however, said the inflation result and lower-than-expected first quarter economic growth were not large enough to warrant cutting ahead of the Fed. Rather, these may be enough for the BSP to 'keep its monetary stance steady if another episode of Fed repricing occurs.'
's baseline scenario, Dacanay said, is for the US central bank to begin easing in the fourth quarter of 2024, starting with a 25-basis-point rate cut. Remolona has said that one or two rate cuts could be ordered in the second half of the year, with a 'range of between 25 and 50 for the rest of 2024.'Topping SportsREAD: Mavs down Thunder to reach West finalsLOS ANGELES – Luka Doncic posted a triple-double and P.J.
Chinese Ships Swarm Julian Felipe Reef May 20 2024
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