Philippine Central Bank Sees About 50BPS Rate Cuts in 2020: Governor
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Business
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Hard
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The transcript discusses the upcoming policy meeting scheduled for February 6, focusing on the impact of previous basis points adjustments and reserve requirement cuts. It highlights the growth targets for the Philippine economy, with expectations of stable inflation. The discussion also covers the slow pickup in bank lending despite increased liquidity and the BSP's cautious approach to future monetary policy adjustments.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What factors are influencing the decision to potentially cut the reserve requirement further?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the speaker describe the relationship between monetary policy and bank lending?
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