BSP's Espenilla on Interest Rates, Peso, Credit Growth

The video features a discussion with the governor of the central bank in the Philippines. It covers the decision to maintain current monetary policy settings due to stable inflation and strong domestic demand. The governor addresses concerns about the peso's exchange rate, credit growth, and systemic risks. He also discusses the impact of tax reforms and oil prices on inflation. Strategies to reduce reliance on remittances and plans for financial reforms, including reserve requirement adjustments, are also highlighted.

What factors led the Monetary Board to keep the monetary policy settings unchanged?

How does the BSP determine the exchange rate according to the governor?

What is the governor's outlook on inflation and its projected impact?

What concerns does the governor have regarding credit growth in the economy?

How does the governor view the current economic conditions in the Philippines?

What measures is the government taking to reduce reliance on remittances?

What is the governor's perspective on the reserve requirement and its future?