With your support, and the commitment of everybody in this hall as co-implementers of the National Strategy for Financial Inclusion, I believe that we are on our way to a meaningful and fruitful journey toward financial inclusion for all Filipinos. Thank you all for joining us on this auspicious day. Maraming salamat at Mabuhay! BIS central bankers’ speeches  3
Thus, firms are expected to invest in their human resources wherever necessary through more proactive wage increases, so as to maintain their production levels. Through such wage increases, the virtuous cycle from income to spending will be enhanced, and inflation expectations of households and firms will rise. 2. Tangible factors Next, I will explain the tangible factors that affect prices.