Not All Doom and Gloom for the Philippines, Says HSBC's Arbis

The transcript discusses the relationship between GDP reports and Central Bank decisions, particularly focusing on the Philippines. It highlights the current economic situation, noting that while growth may slow, private consumption and investment remain strong. Inflation is identified as a key concern, influencing future rate hikes. The discussion also covers the potential for a 50 basis point rate hike and the implications of such a decision, considering the Philippines' unique position in Southeast Asia with negative real rates.

What is the significance of the July print in relation to inflation?

What does the speaker suggest about the potential for future rate hikes?