Won't Close Door to Further Action, Says Philippines Central Bank

Won't Close Door to Further Action, Says Philippines Central Bank

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript covers a discussion on inflation in the Philippines, highlighting supply-side shocks and currency issues. The BSP's monetary strategy, including rate hikes, is explored alongside the economic outlook, focusing on GDP growth and fiscal policy. Communication challenges with the IMF and central bank independence are addressed. The impact of a trade war and measures to mitigate it are discussed, concluding with a health update from the governor.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main drivers of inflation in the Philippines as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Central Bank of the Philippines view the flexibility of the peso in relation to its monetary strategy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions is the Central Bank prepared to take if inflation continues to rise?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the recent GDP numbers in the Philippines?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures is the government taking to address fiscal challenges?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Central Bank plan to manage the potential impacts of a trade war?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the governor's current health status and how does it affect his role?

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