China cuts rates as others plan hikes

China lowered mortgage lending benchmark rates as monetary authorities step up efforts to prop up the slowing economy.

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UBS regional chief investment office Kelvin Tay on the impact of Fed rate hikes on APAC economies

The sell-off in the bond market has made the beginning of 2022 one of the most volatile starts to any year in a long time. Bond investors are being whiplashed as central banks move to cut extraordinary stimulus across developed economies. UBS regional chief investment office Kelvin Tay shared his thoughts on how emerging markets in Asia-Pacific could be affected by more Fed rate hikes.

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Federal Reserve signals multiple interest rates hikes in 2022 to help ease inflation

As inflation soars, the Federal Reserve says it could raise interest rates at least three times in 2022. CBS News senior White House and political correspondent Ed O’Keefe joins CBSN’s Lana Zak to discuss that and more.

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Fed expects three interest rate hikes in 2022

The Federal Reserve will quicken the pace at which it’s pulling back its support for the economy as inflation surges, and it expects to raise interest rates three times next year. (Dec. 15)

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Pork products up by P20 per kilo along with oil price hikes

Consumers are surprised to see prices of pork are now higher compared to last week. The Department of Agriculture maintains fuel prices alone are not the only factor in driving the prices of pork.

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Fisherfolk bear brunt of 9th straight week of oil price hikes

The government is eyeing to provide fuel discounts for up to 30,000 municipal fisherfolk and over 900 commercial fishing vessels in the West Philippine Sea. This comes after the oil prices increased for the ninth straight week.

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Nestle raises outlook after food price hikes

Boosted by price hikes and strong earnings from coffee, world’s largest food group Nestle has raised its growth outlook for the year.

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Oil price hikes might occur until first quarter of 2022 — economist

Motorists and PUV drivers have been burdened by the continuous oil price hike for eight straight weeks due to tight supply.

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