Philippine Central Bank’s Diokno: Expect Another Rate Cut Before End of Year

The video discusses the BSP's monetary policy, including plans for rate cuts and inflation targets. It highlights the economic outlook for the Philippines, with a focus on inflation rates and potential further rate cuts. The video also addresses regional currency concerns and the BSP's efforts to monitor and manage the value of the Philippine peso relative to neighboring currencies. Additionally, it covers anti-money laundering efforts in response to Chinese concerns about illegal fund flows through online casinos in the Philippines.

What is the expected maximum policy rate cut by the BSP for the rest of the year?

• 75 basis points

• 100 basis points

• 50 basis points

• 25 basis points

What is the revised inflation target for the Philippines for the current year?

• 3.0%

• 2.6%

• 2.3%

• 2.9%

What is the BSP's target inflation range?

• 2% to 4%

• 4% to 6%

• 1% to 3%

• 3% to 5%

What is the current reserve requirement ratio after recent adjustments?

• 18%

• 20%

• 16%

• 14%

Which country's currency is mentioned as being stronger than the Philippines' currency?

• India

• Thailand

• New Zealand

• Australia

What is the BSP's stance on further rate cuts if inflation falls further?

• No more cuts

• One more cut

• Possibility of more cuts

• Increase rates

What is the main concern of China regarding online casinos in the Philippines?

• High taxation

• Illegal fund flows

• Competition with local casinos

• Lack of regulation