Philippine Central Bank Still Behind The Curve, Continuum Says

The video discusses the recent rate hike in the Philippines, highlighting the ongoing negative real rates despite inflationary pressures. Factors such as rice shortages, global oil price increases, and high inflation expectations are examined. The BSP's monetary policy, including recent rate hikes and a hawkish stance, is analyzed. The discussion also covers the economic vulnerabilities of the Philippines, including a current account deficit and import needs. The video concludes with predictions for future rate hikes and the need for proactive economic measures.

What are the implications of real rates being negative despite the recent rate hike?

How do inflationary pressures affect the economy according to the text?

What factors are contributing to the calls for hikes in transport and wage fares?

In what ways is the BSP perceived to be behind the curve?

What is suggested as a necessary approach for the economy to sustain global pressures?