The Central Bank of the Philippines held its inaugural Central Banking Symposium in Panglao, Bohol, creating a new annual forum for dialogue on contemporary central banking issues under the theme “Anchoring Policy in an Era of Shocks.” The symposium was positioned as a mechanism to broaden understanding of macro-financial issues and support evidence-based policymaking in the Philippines. In opening remarks, Governor Eli M. Remolona, Jr. framed “anchoring policy” as essential to keeping the economy steady in volatile conditions, using an “anchor” analogy to illustrate the point. Keynote speaker and former Bank of Thailand Governor Sethaput Suthiwartnarueput reiterated the view that effective central banking should be “boring,” arguing that robustness is increasingly central to stability. Sessions led by Deputy Governor Zeno Ronald R. Abenoja, University of the Philippines Professor Emeritus Dante B. Canlas, and ASEAN+3 Macroeconomic Research Office Philippine country economist Andrew Tsang covered how Filipino households form inflation expectations, the dynamics behind deposits and financial stability, and the role of the exchange rate in monetary policy.
Central Bank of the Philippines 2025-11-25
Central Bank of the Philippines launches inaugural Central Banking Symposium focused on anchoring policy amid shocks
The Central Bank of the Philippines inaugurated its annual Central Banking Symposium in Panglao, Bohol, focusing on "Anchoring Policy in an Era of Shocks" to enhance understanding of macro-financial issues and support evidence-based policymaking. Governor Eli M. Remolona, Jr. emphasized steady economic policy, while former Bank of Thailand Governor Sethaput Suthiwartnarueput highlighted robust central banking. Sessions addressed inflation expectations, financial stability, and the exchange rate's role in monetary policy.