THE Bangko Sentral ng Pilipinas (BSP) will roll out in 2025 an upgraded economic modeling tool to enhance policy evaluation and decision-making with better, forward-looking projections.
THE Bangko Sentral ng Pilipinas will roll out in 2025 an upgraded economic modeling tool to enhance policy evaluation and decision-making with better, forward-looking projections.'The BSP is an inflation targeting central bank ... part of the process is the conduct of regular assessment of economic developments and outlook, and their implications for monetary policy,' BSP economic research director Dennis Bautista said in a briefing on Monday.
0 is touted to help policymakers navigate the complex macro-financial environment, think about the trade-offs between different policy tools and support better coordination among various policies, leading to improved cooperation within the central bank.The BSP, in the past years, has been relying on a multi-equation econometric model for its monetary policies and decisions.
BSP Policy Analysis Tool Readied
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