The consensus forecast also appears to be consistent with relatively stable core inflation, implying that the prevailing unemployment rate may be sustainable and that monetary policy may have succeeded in achieving a soft landing. I hope this will be the case. If so, monetary policy would have achieved a soft landing for the second time in the same expansion - a truly extraordinary feat.
The growth in the number and scope of awards given reflects the dynamic support and cooperation you have extended to the BSP’s various initiatives and advocacies, which are all geared toward improving the life of every Filipino. I cannot overemphasize the value of your support as the BSP continues to navigate the country’s economic landscape.