The Governor Say(s)

PHILIPPINES - Report 17 Dec 2014 by Romeo Bernardo and Christine Tang
Executive SummaryWe sat down with BSP Governor Amando “Say” M. Tetangco last week to hear how he is reading current developments and emergent risks and how these feed into monetary policy decisions, particularly the dilemma between financial sector stability, which may require raising interest rates, and fostering growth, which calls for cutting or keeping rates where they are. We also asked about the role of macroprudential regulation and the extent that the BSP intends to use this in relation to other monetary policy tools.We would like to thank everyone's participation in this activity, ...

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