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                    [ArticleID] => 2239849
                    [Title] => Interest rates need to rise at 'steady pace': ECB chief
                    [Summary] => In less than six months the ECB has raised its key policy rates by 2.5 percentage points, the fastest increase in its history.
                    [DatePublished] => 2023-01-24 08:28:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2022/07/22/europeancentralbank_2022-07-22_08-17-30528_thumbnail.jpg
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                    [ArticleID] => 2238286
                    [Title] => Benchmark rate seen at 6.25%
                    [Summary] => The Bangko Sentral ng Pilipinas may raise key interest rates by at least 75 basis points more for this year as inflation is seen hitting the upper end of the target band only by the fourth quarter.
                    [DatePublished] => 2023-01-18 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/01/17/bsp_2023-01-17_19-44-1147_thumbnail.jpg
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                    [ArticleID] => 2168927
                    [Title] => Philippine ranks 5th in terms of real interest rate level in region
                    [Summary] => The Philippines ranked fifth among 16 central banks in terms of real policy interest rates, according to Bangko Sentral ng Pilipinas Governor Benjamin Diokno.
                    [DatePublished] => 2022-03-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2022/03/21/diokno_2022-03-21_19-28-25607_thumbnail.jpg
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                    [ArticleID] => 1903443
                    [Title] => US Federal Reserve keeps key interest rates steady
                    [Summary] =>  The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the US and abroad.
                    [DatePublished] => 2019-03-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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            [4] => Array
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                    [ArticleID] => 1898936
                    [Title] => Interest rate, bank reserve cuts still premature, says BSP official
                    [Summary] => It may still be too early to discuss moves to cut policy rates or banks’ reserve requirement ratio (RRR) with the year-to-date inflation still averaging above target, a senior official of the Bangko Sentral ng Pilipinas (BSP) said yesterday.
                    [DatePublished] => 2019-03-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804771
                    [AuthorName] => Mary Grace Padin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2019/03/05/bus1-diwa-guinigundo_2019-03-05_19-57-40971_thumbnail.jpg
                )

            [5] => Array
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                    [ArticleID] => 1875907
                    [Title] => Peso rediscount loans surge to P57 billion
                    [Summary] => Rediscount loans extended to local banks to finance the expansion needs of businesses and households hit a record P56.82 billion from January to November amid the series of interest rate hikes by the Bangko Sentral ng Pilipinas to check rising inflation.
                    [DatePublished] => 2018-12-11 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus3-peso-currency-file_2018-12-10_19-29-00859_thumbnail.jpg
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                    [ArticleID] => 1855548
                    [Title] => BSP: Big bank loans grow at slowest pace in 5 months
                    [Summary] => Big banks have started to feel the pinch from higher interest rates, with consumers availment of loans in August slowing down to their weakest pace in five months.
                    [DatePublished] => 2018-09-28 18:20:00
                    [ColumnID] => 0
                    [Focus] => 1
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                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bangko-sentral-ng-pilipinas-manila_2018-09-28_18-14-20368_thumbnail.jpg
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            [7] => Array
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                    [ArticleID] => 1839930
                    [Title] => BSP rate hikes likely to continue until 2019
                    [Summary] => he series of interest rate hikes by the Bangko Sentral ng Pilipinas (BSP) to curb rising inflationary pressures is expected to continue until next year, global banks said over the weekend.
                    [DatePublished] => 2018-08-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus1-bsp-facade_2018-08-05_19-09-08544_thumbnail.jpg
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            [8] => Array
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                    [ArticleID] => 1814343
                    [Title] => One more rate hike likely in 2018, say economists
                    [Summary] => Economists see another interest rate increase this year after the Bangko Sentral ng Pilipinas finally raised interest rates by 25 basis points last Thursday to address concerns over rising inflation, weakening of the peso as well as strong credit and import growth.
                    [DatePublished] => 2018-05-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus1-bsp_2018-05-11_19-42-52219_thumbnail.jpg
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            [9] => Array
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                    [ArticleID] => 1807188
                    [Title] => Weak peso, inflation spike may prompt BSP rate hike
                    [Summary] => The weak peso and higher inflation may prompt the Bangko Sentral ng Pilipinas to finally raise interest rates next month.
                    [DatePublished] => 2018-04-19 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus1-bsp-peso_2018-04-18_19-20-54946_thumbnail.jpg
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interest rate

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                    [ArticleID] => 2239849
                    [Title] => Interest rates need to rise at 'steady pace': ECB chief
                    [Summary] => In less than six months the ECB has raised its key policy rates by 2.5 percentage points, the fastest increase in its history.
                    [DatePublished] => 2023-01-24 08:28:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2022/07/22/europeancentralbank_2022-07-22_08-17-30528_thumbnail.jpg
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            [1] => Array
                (
                    [ArticleID] => 2238286
                    [Title] => Benchmark rate seen at 6.25%
                    [Summary] => The Bangko Sentral ng Pilipinas may raise key interest rates by at least 75 basis points more for this year as inflation is seen hitting the upper end of the target band only by the fourth quarter.
                    [DatePublished] => 2023-01-18 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/01/17/bsp_2023-01-17_19-44-1147_thumbnail.jpg
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            [2] => Array
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                    [ArticleID] => 2168927
                    [Title] => Philippine ranks 5th in terms of real interest rate level in region
                    [Summary] => The Philippines ranked fifth among 16 central banks in terms of real policy interest rates, according to Bangko Sentral ng Pilipinas Governor Benjamin Diokno.
                    [DatePublished] => 2022-03-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2022/03/21/diokno_2022-03-21_19-28-25607_thumbnail.jpg
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            [3] => Array
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                    [ArticleID] => 1903443
                    [Title] => US Federal Reserve keeps key interest rates steady
                    [Summary] =>  The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the US and abroad.
                    [DatePublished] => 2019-03-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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            [4] => Array
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                    [ArticleID] => 1898936
                    [Title] => Interest rate, bank reserve cuts still premature, says BSP official
                    [Summary] => It may still be too early to discuss moves to cut policy rates or banks’ reserve requirement ratio (RRR) with the year-to-date inflation still averaging above target, a senior official of the Bangko Sentral ng Pilipinas (BSP) said yesterday.
                    [DatePublished] => 2019-03-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804771
                    [AuthorName] => Mary Grace Padin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2019/03/05/bus1-diwa-guinigundo_2019-03-05_19-57-40971_thumbnail.jpg
                )

            [5] => Array
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                    [ArticleID] => 1875907
                    [Title] => Peso rediscount loans surge to P57 billion
                    [Summary] => Rediscount loans extended to local banks to finance the expansion needs of businesses and households hit a record P56.82 billion from January to November amid the series of interest rate hikes by the Bangko Sentral ng Pilipinas to check rising inflation.
                    [DatePublished] => 2018-12-11 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus3-peso-currency-file_2018-12-10_19-29-00859_thumbnail.jpg
                )

            [6] => Array
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                    [ArticleID] => 1855548
                    [Title] => BSP: Big bank loans grow at slowest pace in 5 months
                    [Summary] => Big banks have started to feel the pinch from higher interest rates, with consumers availment of loans in August slowing down to their weakest pace in five months.
                    [DatePublished] => 2018-09-28 18:20:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bangko-sentral-ng-pilipinas-manila_2018-09-28_18-14-20368_thumbnail.jpg
                )

            [7] => Array
                (
                    [ArticleID] => 1839930
                    [Title] => BSP rate hikes likely to continue until 2019
                    [Summary] => he series of interest rate hikes by the Bangko Sentral ng Pilipinas (BSP) to curb rising inflationary pressures is expected to continue until next year, global banks said over the weekend.
                    [DatePublished] => 2018-08-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus1-bsp-facade_2018-08-05_19-09-08544_thumbnail.jpg
                )

            [8] => Array
                (
                    [ArticleID] => 1814343
                    [Title] => One more rate hike likely in 2018, say economists
                    [Summary] => Economists see another interest rate increase this year after the Bangko Sentral ng Pilipinas finally raised interest rates by 25 basis points last Thursday to address concerns over rising inflation, weakening of the peso as well as strong credit and import growth.
                    [DatePublished] => 2018-05-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus1-bsp_2018-05-11_19-42-52219_thumbnail.jpg
                )

            [9] => Array
                (
                    [ArticleID] => 1807188
                    [Title] => Weak peso, inflation spike may prompt BSP rate hike
                    [Summary] => The weak peso and higher inflation may prompt the Bangko Sentral ng Pilipinas to finally raise interest rates next month.
                    [DatePublished] => 2018-04-19 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus1-bsp-peso_2018-04-18_19-20-54946_thumbnail.jpg
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abtest