Quetzal Quetzal Quetzals () are strikingly colored birds in the trogon family. They are found in forests, especially in humid highlands, with the five species from the genus "Pharomachrus" being exclusively Neotropical, while a single species, the eared quetzal, "Euptilotis neoxenus", is found in Mexico and very locally in the southernmost United States. Quetzals are fairly large (all over 32 cm or 13 inches long), slightly bigger than other trogon species. The quetzal is the country bird of Guatemala. Quetzals have iridescent green or golden-green wing coverts, back, chest and head, with a red belly. They are strongly sexually dimorphic, and
Monetary policy of the Philippines so that price level is not just zero in expectation but is also zero regardless of latter shocks. Moreover, the framework was changed because BSP wanted to address the fact that aggregate targeting did not account for the long-run effects of monetary policy on the economy. With this approach, the BSP can exceed the monetary targets as long as the actual inflation rate is kept within program levels and policymakers monitor a larger set of economic variables in making decisions regarding the appropriate stance of monetary policy. As mentioned earlier, Inflation Targeting requires a public announcement of an inflation rate