4 Quotes by Diwa Guinigundo

Setting interest rates is not just about one thing. You don't say, the peso is strong. So, in a sense, imported inflation can be managed. That's just one part of the story.

We expect this will be followed by a slowdown in the second half.

It will continue to grow because of the demand for nurses and caregivers. It may not be replicated, since it is already at its peak, but it will still be in double digits.

If the new oil price assumption leads to an adjustment in wages beyond our expectations for 2006, then there is some basis for reviewing the existing monetary policy.