Philippine Central Bank Governor Says Follow-Up Rate Hike in June Likely

Philippine Central Bank Governor Says Follow-Up Rate Hike in June Likely

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript covers a discussion on upcoming meetings, economic growth, labor market recovery, interest rates, inflation expectations, currency fluctuations, and the transition to a new administration. Governor Ben provides insights into the BSP's policies, the impact of external factors like the Ukraine crisis, and the stability of the peso. The discussion also touches on the new administration's potential economic policies and the importance of continuity in governance.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected date for the next meeting discussed in the transcript?

June 23rd

July 1st

June 15th

July 23rd

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the economic growth rate in the first quarter as mentioned in the transcript?

9.1%

6.8%

8.3%

7.5%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much advance did the national government receive during the crisis?

450 billion pesos

600 billion pesos

500 billion pesos

540 billion pesos

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the BSP's inflation target range?

1% to 3%

2% to 4%

3% to 5%

4% to 6%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What global event is mentioned as impacting inflation?

COVID-19 Pandemic

Russia's invasion of Ukraine

US-China Trade War

Brexit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected inflation rate for next year according to the transcript?

4.6%

3.9%

5.2%

4.0%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the new administration on economic policies?

Significant changes in policy

Continuation of current policies

Immediate policy overhaul

Focus on reducing inflation