Creating a resilient financial system amid interconnected risks - balancing growth and inflation while minimizing disruptions

9 January 2023 · Felipe M Medalla, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, financial stability, growth, investment and productivity

9 Jan 2023 · Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiCreating a resilient financial system amid interconnected risks - balancing growth and inflation while minimizing disruptions

ContextSpeech on building a resilient financial system amid linked risks; Bangko Sentral ng Pilipinas keeps the financial system sound and balances growth and inflation.

Why it mattersMedalla releases the stability report amid interconnected risks.

Problems raised

Risks are interconnected.
Balancing growth and inflation is hard.
Asset prices were a problem.

Solutions proposed

Build a resilient financial system.
Minimise disruptions.
Release the Financial Stability Report.

Read full speech on bis.org ↗

More speeches by Felipe M Medalla

Beyond just a bellwether - the capital markets as catalyst for dynamic and inclusive economic growth · Felipe M Medalla (BSP), 28 May 2023
Chronicling the evolution of Philippine banking laws · Felipe M Medalla (BSP), 25 May 2023
Approaching and taking stock of systemic risk issues from a regional perspective · Felipe M Medalla (BSP), 16 May 2023
Preserving price and financial stability in the Philippines · Felipe M Medalla (BSP), 11 Apr 2023

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