Philippines 'Won't Hesitate' to Tighten Further, Guinigundo Says

Philippines 'Won't Hesitate' to Tighten Further, Guinigundo Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses the Banco Central's approach to interest rate hikes and their impact on inflation and the foreign exchange market. It highlights the measures taken to address inflation, including both monetary and non-monetary strategies. The forecast for inflation is provided, along with an analysis of the Philippine economy's stability. The video concludes with a discussion on the central bank's monetary policy and addresses criticism regarding the timing of rate hikes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary mandate of the central bank as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What criticisms are mentioned regarding the timing of the central bank's actions?

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