Philippines May Keep Low Rates Until End of 2022: Diokno

Philippines May Keep Low Rates Until End of 2022: Diokno

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the Philippines' monetary policy, focusing on interest rates, inflation, and economic recovery. The central bank is confident in maintaining inflation within the government's target and plans to keep interest rates low until the economy recovers. The discussion also covers the impact of negative real rates and the peso's performance, emphasizing a flexible exchange rate policy. The central bank aims for economic growth and stability, avoiding unconventional negative interest rate regimes.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the future inflation path in relation to the government's target?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current monetary policy setting in the Philippines according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's stance on negative interest rates in the Philippines?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for the Philippine economy's growth in 2021 and 2022?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker indicate about the unemployment rate in the coming years?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the current exchange rate of the peso against the dollar?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the strength of the peso according to the speaker?

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