MANILA - Uncertainty over US President-elect Donald Trump will persist “for some time” as financial markets monitor how he translates his campaign rhetoric into economic policies, Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said Friday.
Trump, who will assume office on Saturday, has signaled a more inward-looking US, in a potential blow to free trade and outsourced operations of American companies.
“We should not expect that once Trump has laid out his policies there's going to be stability, for some time there will still be uncertainty,” Tetangco told ANC’s “The Boss.”
Tetangco said there was a “tendency to have differing interpretations” of the Republican real estate mogul’s policies once they are laid out.
Volatility in the international market is the “biggest risk” to the economy, the central bank governor said.
“Market players may become gun-shy” given these risks, Tetangco said.
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