Philippine Central Bank’s Diokno: Expect Another Rate Cut Before End of Year

Philippine Central Bank’s Diokno: Expect Another Rate Cut Before End of Year

Assessment

Interactive Video

Business

University

Hard

Created by

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FREE Resource

The video discusses the BSP's monetary policy, including plans for rate cuts and inflation targets. It highlights the economic outlook for the Philippines, with a focus on inflation rates and potential further rate cuts. The video also addresses regional currency concerns and the BSP's efforts to monitor and manage the value of the Philippine peso relative to neighboring currencies. Additionally, it covers anti-money laundering efforts in response to Chinese concerns about illegal fund flows through online casinos in the Philippines.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current target for inflation set by the BSP?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the BSP view the strength of the Philippine peso compared to its neighbors?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps is the Philippines considering to address concerns from China regarding illegal fund flows?

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