The regulator has teamed up with 16 market participants to explore the viability of CBDC implementation. However, questions around interoperability, monetary sovereignty and the role of the traditional banking system remain.
Newly appointed Bangko Sentral ng Pilipinas (BSP) governor, Felipe Medalla, tells FinanceAsia about balancing different macroeconomic objectives and choosing the right policy in the face of supply side shocks.
Hong Kong-based Dr. Xiangrong Yu takes on responsibility for the bank’s views on China’s economy and policy. He shares with FA his thoughts on last week’s move by the PBOC’s to offer a RMB 1 trillion fiscal boost, as well as his concerns around inflation in 2H22.
With inflation likely to accelerate central bank tapering programmes and feed earlier interest rate hikes, could a dwindling fiat system drive cryptocurrency appeal?
Central bank’s independence is intact, says Philippine central bank head, as he elaborates on his vision for poverty alleviation and financial inclusion -- usually the mandate for an elected office.
The unexpected appointment of Benjamin Diokno as Philippines central bank governor has raised eyebrows as markets adopt a wait-and-see attitude over his doveish monetary approach.
The widely expected tightening in monetary policy confirms the optimism about domestic growth, although analysts warn that Thailand has lost a key catalyst for continued outperformance.