Inflation Archives - Cardinal Buoy

Strategies for preventing financial losses during times of inflation

April 16, 2023 by Chris Cervantes, CIS, RFP

THE recent collapse of banks in the United States and Europe left many people worried about the safety of their own finances. Last March 10, US Federal Deposit Insurance Corp. (FDIC) took control of Silicon Valley Bank. Two days after, FDIC shut down Signature Bank after a run on its deposits by customers. Then on … Read more

Managing your financial plan when interest rises

June 5, 2022June 5, 2022 by Chris Cervantes, CIS, RFP

THE Bangko Sentral ng Pilipinas (BSP) announced last May 19 the decision of the Monetary Board to hike rates by 25 basis points (bps) effective May 20. Some analysts expect the Monetary Board to hike benchmark rates by 75 bps this year to tame inflation and reduce currency risks after the US Fed (US Federal Reserve) hikes its benchmark rates. … Read more