Finance › Speeches › Felipe M Medalla

In pursuit of price stability - challenges and opportunities

· 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
· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiIn pursuit of price stability - challenges and opportunities

ContextSpeech at a Philippine Chamber of Commerce event; Bangko Sentral ng Pilipinas keeps prices stable and faces inflation above target.

Why it mattersMedalla responds to business calls for urgent action on prices.

Problems raised
  1. Businesses demand urgent action on inflation.
  2. The peso was under pressure.
  3. Supply shocks push prices up.
Solutions proposed
  1. Use an expanded inflation toolkit.
  2. Continue raising policy rates.
  3. Coordinate non-monetary measures with government.
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