Philippine Central Bank Head Diokno Pledges More Rate Cuts

Philippine Central Bank Head Diokno Pledges More Rate Cuts

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses economic growth targets of 6-7%, challenges like delayed budgets and El Nino, and the impact of trade wars on policy. It covers monetary policy adjustments, including a 25 basis point rate cut, and the potential for further cuts depending on inflation and capacity utilization.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What monetary policy action was suggested in response to the first quarter GDP number?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What considerations are mentioned regarding future cuts in monetary policy?

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