· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiAn assessment of the Philippine inflation picture
Read full speech on bis.org ↗ContextSpeech at a meeting of the government's Development Budget Coordination Committee; Bangko Sentral ng Pilipinas keeps prices stable and assesses high inflation.
Why it mattersMedalla explains rising inflation to government planners.
Problems raised
- Inflation is rising in the Philippines.
- Rising prices affect government programs.
- Risks of further forecast upgrades are high.
Solutions proposed
- Coordinate with Congress and the executive.
- Keep monetary policy responsive.
- Address supply-side food issues.