
FSCC ASSESSES CURRENT GLOBAL MARKET CONDITIONS AS IT HIGHLIGHTS DOMESTIC STRENGTH

In its recent Financial Stability Coordination Council (FSCC) Executive Committee (ExeComm) meeting, FSCC Chairman and Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla highlighted the strong economic momentum of the Philippines despite challenges from the global environment. He, however, noted that the country should continue to be cognizant of the effects of supply bottlenecks, high inflation, and heightened policy rates on the economy.
The Council remains focused on possible systemic risks arising from the challenging global market. It continues to assess and address the needs of the Filipino public, taking a pre-emptive view in managing financial market risks.
Related
More Stories
FSCC AND FSPC PRINCIPALS COME TOGETHER FOR THE RELEASE OF PH’s 2022 FINANCIAL STABILITY REPORT
The release of the 2022 Financial Stability Report was highlighted by the presence of the principals of both the...
Go Lokal Buyers’ Day:
Go Lokal Buyers' Day: DTI renews its support to homegrown micro, small, and medium enterprises (MSMEs) at the Buyers’ Day event held at...
FINANCIAL STABILITY AUTHORITIES DISCUSS FRONTIER RISKS IN NEW NORMAL
Federal Reserve Bank of Cleveland (FRBC) President and CEO Loretta J. Mester and Bangko Sentral ng Pilipinas (BSP) Senior...
LGU Requests for MB Opinion Decelerated in S1 2022
The Bangko Sentral ng Pilipinas (BSP), in its continued commitment to transparency and good governance, releases information on the issuance of Monetary Board opinion...
Exporters and Export Enablers Exhibit opens today!
PASAY— The DTI-Trade Promotion Group (TPG), Export Development Council (EDC), and the Philippine Exporters Confederation, Inc. (PHILEXPORT), opened the Exporters...
Sec. Pascual met Minister Ahn Duk-Geun of the Republic of Korea in Thailand
BANGKOK, THAILAND—Secretary Fred Pascual met with Trade, Industry, and Energy Minister Ahn Duk-Geun of the Republic of Korea on 17 November...