*  *  The current economic constellation  Both the domestic and international business communities affirm that the Philippines is now experiencing the most stable macroeconomic environment in a decade. The inflation rate has been low and stable, with the outlook for inflation benign. This has allowed monetary authorities to maintain interest rates at low and stable levels also.
Lisa D Cook: Important questions for economic research Speech by Ms Lisa D Cook, Member of the Board of Governors of the Federal Reserve System, at the Carroll Round Keynote Speech, Georgetown University McDonough School of Business, Washington DC, 21 April 2023. *** Good evening.