Philippines to ride out Fed storm on ample buffers, policy space
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Manila
THE Philippines has enough firepower to fight shocks including excessive capital outflows should the US raise interest rates and the global economy falter, says central bank deputy governor Diwa Guinigundo.
"We will be able to ride out these eventualities," Mr Guinigundo said in an interview on Friday at his office in Manila.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus