Opening message for Moody's Credit Rating Review
21 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 , growth, investment and productivity
FM 21 Aug 2022 · Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas Wiki Opening message for Moody's Credit Rating Review Context Opening message by Felipe M Medalla, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), for Moody's Credit Rating Review, Manila, 21 August 2022.
Why it matters Medalla explains 175 basis points of hikes to Moody's.
Problems raised Inflation required rate hikes. Growth may be affected. Postponing action would cost more. Solutions proposed Raise policy rates by 175 bps. Explain actions to rating agencies. Act early on inflation. 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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