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Supporting the continued growth of the fund management industry

· 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, development and emerging economies, growth, investment and productivity

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· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiSupporting the continued growth of the fund management industry

ContextSpeech at the Fund Managers Association of the Philippines; Bangko Sentral ng Pilipinas keeps prices stable and supports growth of fund management.

Why it mattersMedalla addresses fund managers as rates rise.

Problems raised
  1. Inflation was high in late 2022.
  2. The fund management industry must keep growing.
  3. Rates are rising.
Solutions proposed
  1. Raise the policy rate as needed.
  2. Support fund managers' development.
  3. Keep markets informed.
Read full speech on bis.org ↗

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