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The challenges we face at Bangko Sentral ng Pilipinas

· Eli M Remolona, Governor of the Bangko Sentral ng Pilipinas (Philippines)

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

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· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiThe challenges we face at Bangko Sentral ng Pilipinas

ContextSpeech at the general meeting of the Financial Executives Institute of the Philippines; Bangko Sentral ng Pilipinas keeps prices stable and faces sticky inflation.

Why it mattersRemolona explains how supply shocks can lift inflation expectations.

Problems raised
  1. Supply shocks feed inflation expectations.
  2. Growth must be sustained.
  3. The central bank faces challenges.
Solutions proposed
  1. Watch supply shock effects on expectations.
  2. Build on 5.6% growth.
  3. Explain challenges to executives.
Read full speech on bis.org ↗

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