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Navigating the road ahead - looking back to look forward

· Eli M Remolona, 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, financial stability

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· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiNavigating the road ahead - looking back to look forward

ContextSpeech at the 30th anniversary reception of Bangko Sentral ng Pilipinas; the central bank keeps prices stable and looks back on three decades of policy.

Why it mattersRemolona warns about El Niño and supply shocks for inflation.

Problems raised
  1. Inflation risks remain, including El Niño.
  2. Supply shocks may return.
  3. Banking sector must stay resilient.
Solutions proposed
  1. Keep monetary policy ready to act.
  2. Work with banks to maintain stability.
  3. Learn from past experience.
Read full speech on bis.org ↗

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