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Monday, December 23, 2024
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    HomeBusinessIMF: Monetary policy must be calibrated to account for severe shocks

    IMF: Monetary policy must be calibrated to account for severe shocks

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    THE PHILIPPINES’ monetary policy may need to be calibrated to integrate increasingly drastic supply shocks, the International Monetary Fund (IMF) said. “Looking ahead, monetary policy may need to adjust to more frequent and severe supply-side shocks,” the IMF said in its latest Staff Report for the 2024 Article IV Consultation. “Inflation dynamics in the Philippines

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