Philippine Central Bank Says Ready to Tighten Again If Needed

Philippine Central Bank Says Ready to Tighten Again If Needed

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the potential for more rate hikes in the Philippines due to rising inflation and a weak peso. Deputy Governor Guinigundo emphasizes the importance of price stability and is prepared to tighten monetary policy further if necessary. The impact of US Fed rate hikes on emerging markets is also explored, with a focus on the Philippines' economic resilience supported by infrastructure spending. The overall outlook is cautious yet optimistic, suggesting that the Philippines may soon reach a point where further rate hikes are unnecessary.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did the deputy governor express regarding rapid interest rate increases?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What optimistic outlook did the deputy governor provide regarding future rate hikes in the Philippines?

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