Philippine Central Bank Inclined to Cut by 50 BPS: Governor

Governor Ben discusses the upcoming monetary policy meeting, considering a 50 basis point cut due to global monetary easing. He highlights the central bank's monetary space and the need for coordinated fiscal measures. The lockdown's impact on the banking sector is addressed, with concerns about currency trading. Economic growth is expected to slow, but a 6% target remains realistic. The government is focusing on mitigating the shutdown's impact, with the Philippines being less affected due to its economic structure. Governor Ben is in self-quarantine, awaiting test results but feeling well.

What factors are influencing the decision to cut interest rates by 25 or 50 basis points?

How much monetary space does the central bank currently have to address potential economic fallout?

How is the central bank planning to manage the banking sector during the lockdown?

What are the potential long-term effects of the current economic strategies being implemented?

What is the expected economic growth rate in light of the current crisis?

What measures is the government taking to cushion the impact of the shutdown on vulnerable sectors?

How has the coronavirus crisis affected the Philippines' economic position compared to other countries?