Opening Message for S&P Annual Review
30 August 2022 · Felipe M Medalla , Governor of the Bangko Sentral ng Pilipinas (Philippines)
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates , inflation and price stability
FM 30 Aug 2022 · Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas Wiki Opening Message for S&P Annual Review Context Opening message by Felipe M Medalla, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), for the S&P Annual Review, Manila, 30 August 2022.
Why it matters Medalla explains to S&P why fighting inflation early costs less.
Problems raised Inflation must be fought now. US tightening affects the Philippines. Interest rate differentials matter. Solutions proposed Raise policy rates. Fight inflation early to avoid bigger costs. Monitor US policy closely. Read full speech on bis.org ↗ More from Felipe M Medalla · Bangko Sentral ng Pilipinas · all speeches
More speeches by Felipe M Medalla Other leaders on monetary policy and interest rates
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