Philippine Central Bank Governor Medalla on Policy, Inflation, Peso

The transcript discusses the likelihood of rate hikes in response to inflation reports, with a focus on the impact of exchange rates and the need for policy adjustments. It provides a background on current interest rates, influenced by the pandemic, and the urgency to exit unconventional monetary policies. The conversation also touches on the challenges of meeting growth targets amid high inflation and the effects of exchange rate fluctuations on the economy.

What are the implications of the recent developments on the exit plan for monetary policy?

What is the central bank's stance on using the exchange rate as a policy tool?

What are the potential consequences of high inflation on economic growth?